NewCastle Partners Acquires SPG International with Financing from Farragut and Route 2
October 14, 2024
NewCastle Partners has acquired SPG International, an Atlanta-based manufacturer of commercial-grade material handling and storage products, with subordinated debt and equity financing provided by Farragut Capital Partners and participation from Route 2 Capital Partners. Farragut said the investment will support growth through product-line expansion, new customer wins across related markets, and M&A initiatives.
- Buyers
- NewCastle Partners, Farragut Capital Partners, Route 2 Capital Partners
- Targets
- SPG International, LLC
- Industry
- Manufacturing
- Location
- Georgia, United States
- Transaction Type
- Buyout
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