CenterOak Partners Completes Majority Recapitalization of GNAP
November 1, 2018
CenterOak Partners, a Dallas-based private equity firm, completed a majority recapitalization of GNAP, a Grand Rapids, Michigan-based specialty distributor of industrial abrasive products, equipment and specialty ceramics. CEO Michael Currie and the existing management team will remain in place as CenterOak partners with the company to support geographic expansion and growth of its product suite; terms were not disclosed.
- Buyers
- CenterOak Partners LLC
- Targets
- GNAP
- Industry
- Industrial Services
- Location
- Michigan, United States
- Transaction Type
- Recapitalization
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