Emerald Lake Capital Management completed the acquisition of CORE.

Emerald Lake Capital Management, a growth-oriented middle market private equity firm, completed the acquisition of CORE, a provider of new and reconditioned transformers and repair solutions to the commercial, industrial, data center, and renewable energy markets in the United States. Financial terms were not disclosed. "We are excited to partner with some of the most respected executives in the transformer industry. CORE has built an impressive reputation as a mission-critical partner and product specialist for value added resellers, contractors, distributors, and renewable power developers. We look forward to supporting the Company's continued growth and commitment to its mission of providing safe, reliable, and sustainable transformer solutions. CORE's differentiated service offerings of speed, customization, and ease of doing business align perfectly with Emerald Lake's strategy of backing businesses with strong competitive positions in markets with long-term tailwinds," Dan Lukas, Emerald Lake Managing Partner.