Leonard Green and Berkshire Partners Recapitalize Parts Town
November 3, 2021
Leonard Green & Partners has made a significant growth investment in Parts Town in a recapitalization in which existing investor Berkshire Partners retained its majority stake and reinvested alongside management. The capital will be used to accelerate Parts Town's technology, supply chain and e-commerce capabilities and support rapid international expansion and entry into adjacent parts categories.
- Targets
- Parts Town
- Industry
- Logistics & Distribution
- Location
- Illinois, United States
- Transaction Type
- Recapitalization
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