Saothair Capital acquires industrial tanks provider T Bailey

T Bailey was founded in 1991 by CEO Gene Tanaka, who will continue in that role and to maintain a meaningful ownership stake in the company.

  • Saothair invests in in middle-market manufacturing and industrial businesses
  • Saothair is headquartered in Radnor, Pennsylvania

Saothair Capital Partners has acquired a majority stake in T Bailey LLC, an Anacortes, Washington-based provider of above-ground industrial tanks, casings, marine pontoons, penstocks, pressure vessels, and other large custom steel solutions. No financial terms were disclosed.

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