Charger Investment Partners Acquires SBG Holdings
February 21, 2024
Charger Investment Partners has partnered with SBG management to acquire SBG Holdings, a Rockford, Tennessee–headquartered manufacturer of consumables and specialized equipment for polished concrete flooring (brands include SASE and Bartell Global). Financial terms were not disclosed; the seller was Blue Point Capital Partners, which had owned SBG since 2017 and significantly expanded the platform prior to the sale. Charger said it will work with management to accelerate growth and continue product innovation.
- Buyers
- Charger Investment Partners
- Targets
- SBG Holdings, Inc.
- Sellers
- Blue Point Capital Partners
- Industry
- Manufacturing
- Location
- Tennessee, United States
- Transaction Type
- Buyout
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