Boasso Global and Quala Merge with KKR Growth Investment
February 9, 2023
Boasso Global and Quala announced a definitive agreement to merge their complementary liquid-bulk container cleaning, depot and maintenance businesses, creating a leading infrastructure services provider for the liquid bulk logistics industry. The transaction is supported by a new growth capital investment from KKR (via its Global Infrastructure Investors IV fund), which will purchase shares from Advent International and fund the strategic combination to expand geographic footprint and service capabilities across North America and Europe.
- Buyers
- KKR, Boasso Global, Inc.
- Targets
- Quala (Q Super Holdings, Inc.)
- Sellers
- Advent International
- Industry
- Logistics & Distribution
- Location
- Florida, United States
- Transaction Type
- Growth capital
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