Carlyle And Stellex Reach Definitive Agreement To Sell Titan To An Affiliate Of Lone Star Funds
February 04, 2023
February 04, 2023
DALLAS, Texas, Feb. 4 -- Carlyle Group issued the following news release:
Funds managed by global investment firm Carlyle (NASDAQ: CG) and private equity firm Stellex Capital Management today announced a definitive agreement to sell Titan Acquisition Holdings, a bi-coastal leader in ship repair services and marine and heavy complex fabrication, to an affiliate of Lone Star Funds.
The transaction is expected to close in 2023 upon satisfaction of customary closing conditi . . .
Funds managed by global investment firm Carlyle (NASDAQ: CG) and private equity firm Stellex Capital Management today announced a definitive agreement to sell Titan Acquisition Holdings, a bi-coastal leader in ship repair services and marine and heavy complex fabrication, to an affiliate of Lone Star Funds.
The transaction is expected to close in 2023 upon satisfaction of customary closing conditi . . .