Stellex Capital to acquire a majority stake in Fox Brothers.

Stellex Capital, a middle-market private equity firm, agreed to acquire a majority stake in Fox Brothers, a service provider to the construction and infrastructure industry. Financial terms were not disclosed. “We see strong potential in the company’s capabilities and resources and look forward to working together with management and our operators to deliver on our value creation plan. This acquisition aligns with our strategy to identify companies where we believe we can introduce operational expertise in an effort to drive growth and better leverage companies’ assets and resources,” Mark Redman, Stellex Managing Partner.