Saothair Capital Partners Acquires Majority Stake in T BAILEY
December 20, 2024
Saothair Capital Partners has acquired a majority equity stake in T BAILEY, LLC, a vertically integrated manufacturer of above-ground industrial tanks, pressure vessels, marine pontoons and other large custom steel solutions based in Anacortes, Washington. Founder and CEO Gene Tanaka will remain in a meaningful ownership position and continue to lead the business; financing was provided by Polen Capital and legal/financial advisors included McGuireWoods, Holland & Hart and TM Capital.
- Buyers
- Saothair Capital Partners, LLC
- Targets
- T BAILEY, LLC
- Sellers
- Gene Tanaka
- Industry
- Manufacturing
- Location
- Washington, United States
- Transaction Type
- Buyout
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