BB&T Capital Sells Cline to Rexnord

By Luisa Beltran — 3 years ago

BB&T Capital Partners has sold Cline Acquisition Corp. to Rexnord Corp. Financial terms weren’t announced. Taylors, S.C.-based Cline provides aftermarket power transmission parts and services to the pulp and paper, steel and other end markets. Quarton Partners provided financial advice to Cline.