Majority stake Announced Mar 2016 Verified
Investcorp acquires Wrench Group from Alpine Investors
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Parties
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Market signals
Summary
Investcorp made a majority investment forming Wrench Group from four regional brands (Coolray/Berkeys/Abacus/Parker & Sons, ~$150M 2015 revenue) previously controlled by Alpine Investors and Skylight Capital; sold to Leonard Green in 2019.