- August 1, 2011August 2, 2021
- by admin
Longroad Asset Management LLC has acquired the debt of Waco International Corporation (WACO) from 5/3rd. Terms of the transaction were not disclosed.
EdgePoint Capital was involved in the sale of the debt. EdgePoint contacted Longroad on behalf of Waco, led the negotiations, and served as the exclusive financial advisor to Waco.
Founded in 1945, Waco manufactures, rents, sells, and erects scaffolding and shoring equipment. Waco is a premier brand in scaffolding and shoring equipment, and the Company markets its products directly and through a national network of distributors. The company is based in Cleveland, Ohio.
Located in Stamford, Connecticut Longroad Asset Management LLC is a leading private equity firm dedicated to special situation investing and the growth of lower middle-market portfolio companies.
EdgePoint is a leading investment banking firm focused on providing lower and middle market business owners with merger and acquisition advisory services.
- June 1, 2011August 2, 2021
- by admin
General Electric Company (NYSE: GE), through its GE Transportation subsidiary, sold its Transit Railcar Propulsion Components System Parts and Accessories Products business to Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation (NYSE: WAB). Terms of the transaction were not disclosed.
EdgePoint Capital served as the exclusive sell-side advisor to General Electric Company throughout the sale process.
General Electric Company, through its GE Transportation business, is a leading provider of locomotive, signaling, communications, and control products and services to the international rail, marine, mining, energy, stationary power, drilling, and wind industries. Headquartered in Erie, Pennsylvania, the Company has locations in North America, South America, Europe, Asia, Africa, and the Middle East.
Wabtec Corporation is a premier provider of technology-based products and services for the freight rail and passenger transit industries worldwide. Wabtec Corporation was founded in 1869 and is headquartered in Wilmerding, Pennsylvania.
EdgePoint is a specialized investment banking firm that advises owners of middle market businesses on sales, divestitures, acquisitions and other strategic transactions.