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Greenbriar Equity Group LLC, a private equity firm focused exclusively on making investments in the global transportation industry, announced today that Raynard Benvenuti and Noah Roy have joined the firm as Managing Directors and that Arvind Krishnamurthy has joined the firm as a Director. |
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Greenbriar Equity Group LLC and Berkshire Partners LLC today announced the acquisition of AmSafe Partners, Inc., a leading provider of highly engineered, proprietary safety and securement systems for the aviation, air cargo, military and specialty vehicle… |
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Greenbriar Equity Group LLC today announced it has made an investment in Grakon, a leader in design, manufacture and supply of lighting systems and engineered trim components principally... |
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Greenbriar Equity Group LLC, a private-equity firm focused exclusively on making investments in transportation and transportation-related companies, today announced it has completed the final closing of Greenbriar Equity Fund II, L.P. |
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Greenbriar Equity Group LLC today announced it has acquired a majority stake in Stag Parkway, Inc. the leading U.S. full line distributor of recreational vehicle (RV) parts and accessories. Greenbriar acquired its interest from the Company’s Chief Executive Officer, Stanley Sunshine, who will retain a substantial interest in the business. Terms were not disclosed. |
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Greenbriar Equity Group LLC today announced it has acquired majority stakes in Western Peterbilt, Inc. and Western Truck Parts and Equipment Company LLC (together “WPI” or the “Company”) a leading operator of heavy-duty truck dealerships in the Pacific Northwest. Greenbriar acquired its principal interest from the Company’s Chairman and Chief Executive Officer, Jim Coles, and from Stu Engs, both of whom will continue to be substantial investors. Terms were not disclosed. |
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Greenbriar Equity Group LLC and Vestar Capital Partners today announced the completion of the acquisition of AT Holdings Corporation, parent company of Argo-Tech Corporation, a world leader in the design, manufacture, sales and servicing of high performance fuel flow devices and systems for aerospace and general industrial applications. Greenbriar and Vestar are partnering with the Company’s existing senior management team, led... |
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Greenbriar Equity Group LLC, Berkshire Partners LLC and certain related parties today announced the completion of the acquisition of Electro-Motive Division from General Motors. The company, which will be named Electro-Motive Diesel, Inc. (EMD), is one of the world’s largest manufacturers of freight and passenger diesel-electric locomotives. |
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General Motors Corp. (NYSE: GM), Greenbriar Equity Group LLC and Berkshire Partners LLC today announced that they have reached a definitive agreement in which GM will sell its Electro-Motive Division (EMD) to an investor group led by Greenbriar and Berkshire Partners. Terms of the transaction will not be disclosed. |
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Hexcel Corporation (NYSE/PCX: HXL) today announced that it successfully completed the refinancing of its capital structure through the simultaneous closing of three financing transactions: the completion of its previously announced sale of convertible preferred stock for $125 million, the issuance of $125 million of 9-7/8% senior
secured notes due 2008, and the establishment... |
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Hexcel Corporation (NYSE/PCX: HXL) today announced that it has entered into definitive agreements providing for $125 million of new equity financing through the issuance for cash of a total of 125,000 shares of a series A convertible preferred stock and 125,000 shares of a series B convertible preferred stock. Upon the closing of the transactions, the total number... |
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Active Aero Group, the leading air cargo charter manager in North America, announced today that it has received $27.5 million to fund continuing growth, strengthen its financial position and retire its bank debt. The investment was led by Active Aero’s current private equity partners: Berkshire Partners of Boston; Greenbriar Equity Group, a
Rye, New York-based private equity firm led by Joel Beckman, Gerald Greenwald and Regg Jones; and members of Active Aero’s management. |
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Greenbriar Equity Group LLC, a private equity investment firm, today announced the final closing of its first fund, Greenbriar Equity Fund, L.P. The Fund exceeded its fundraising target of $600 million, closing with capital and co-investment commitments totaling approximately $700 million. Greenbriar is focused solely on transportation and related sectors, including freight and passenger transport, commercial aerospace, automotive, logistics and related industries. |
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Berkshire Partners LLC (“Berkshire”), the Boston-based private equity investment firm, and Greenbriar Equity Group LLC (“Greenbriar”), a newly formed private equity firm based in Rye, New York, announced today an investment in USA Jet Airlines, Inc. dba Active Aero Group (“Active Aero” or the “Company”). Martin R. Goldman, Chief Executive Officer, and Brian Hermelin, Chief Operating Officer, retain a significant ownership interest in the Company. Terms of the transaction were not disclosed. Senior financing for the transaction was provided by CS First Boston, Fleet National Bank, and Michigan National Bank. |
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