Washington Equity Partners Leads Majority Recapitalization of Tube Bending, Inc.
February 3, 2020
Washington Equity Partners has made a majority investment in Tube Bending, Inc., a California-based manufacturer and fabricator of tubing and tubing assemblies serving aerospace, defense, medical and industrial markets. Plexus Capital and SharpVue Capital provided supporting debt and equity financing; Tube Bending’s president, Bryan Christoffersen, retains a significant ownership stake and will continue to run day-to-day operations. The recapitalization positions Tube Bending to grow organically and via acquisitions as a market-leading tubing platform for aerospace and defense.
- Buyers
- Washington Equity Partners, Plexus Capital, SharpVue Capital
- Targets
- Tube Bending, Inc.
- Industry
- Manufacturing
- Location
- California, United States
- Transaction Type
- Recapitalization
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