Cornerstone Capital Holdings Acquires Powers Equipment Company
May 1, 2019
Cornerstone Capital Holdings acquired Powers Equipment Company, a manufacturer of commercial refrigeration equipment, on May 1, 2019. Cornerstone will partner with Ken Regula as President and CEO as the family-owned Powers business transitions ownership from the Powers family.
- Buyers
- Cornerstone Capital Holdings
- Targets
- Powers Equipment Company
- Sellers
- Powers family (Bruce Powers)
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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