Holleway Capital Partners Acquires T-TEK Material Handling with Investment from Capital For Business
August 15, 2021
St. Louis-based private equity firm Holleway Capital Partners has acquired T-TEK Material Handling, a Montgomery, Alabama manufacturer of high-speed palletizing, depalletizing and conveying systems. The transaction was completed with subordinated debt and equity provided by Capital For Business (CFB), and T-TEK management (Michael and Brian Traff) rolled/retained ownership and will remain with the company.
- Buyers
- Holleway Capital Partners, Capital For Business, Inc. (CFB), Michael Traff, Brian Traff
- Targets
- T-TEK Material Handling
- Industry
- Manufacturing
- Location
- Alabama, United States
- Transaction Type
- Buyout
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