Boyne Capital and Breakwater North Acquire Majority Stake in Sonic Systems International
September 20, 2021
Boyne Capital and Breakwater North (via an affiliate of Breakwater North LLC), with debt and co-investment support from Main Street Capital Corporation, acquired a majority stake in Sonic Systems International, a Wilmington, North Carolina–based provider of mission-critical services to the commercial nuclear power industry. The investors intend to expand Sonic’s service offerings and capitalize on renewed growth in the nuclear power sector.
- Buyers
- Boyne Capital, Breakwater North LLC, Main Street Capital Corporation
- Targets
- Sonic Systems International, LLC
- Industry
- Industrial Services
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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