TPG Twin Brook announced two transaction closings:
- Rotunda Capital Partners’ leveraged buyout of Value Added Distributors, LLC, a distributor of hoses, tubes, seals, couplings, and related products to specialty vehicle OEMs and other manufacturing customers.
- Blue Sage Capital-backed All-State Industries Inc.’s recapitalization and add-on acquisition of United Gasket Corp.
- All-State Industries, Inc. is a manufacturer of non-metallic components for OEMs across a diverse range of end markets.
- United Gasket Corp. is a leading manufacturer of custom non-metallic components, including adhesive-backed gaskets, felts, and other flexible parts.