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With almost 72% of goods transported by trucks in the US, the truck industry presents a lucrative and resilient investment for private equity firms working along the supply chain sector.
Chartwell expects the deal to close this year.
The purchase marks Sole Source Capital’s third flexible packaging investment.
OrboGraph is a subsidary of KLA Corporation.
The transaction is expected to close in the third quarter of 2022.
In these capacities, Papazian will lead the sales team at Brookwood Securities Partners LLC and direct Brookwood's investor relations department.
Probo Medical is an ultrasound equipment provider.
McMillan worked at Crosstex Energy, EnLink Midstream’s predecessor, and played a key role in the company’s communication strategy.
Following the transaction, IEG will continue to be led by founder Don Penn and President Jonathan Penn.
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