Newsletter Sign Up
Stay updated on news, articles and information for the rail industry
Stay updated on news, articles and information for the rail industry
RAIL EMPLOYMENT & NOTICES
Rail News Home
Rail Industry Trends
Rail News: Rail Industry Trends
7/9/2010
Rail News: Rail Industry Trends
Gladstone sells A. Stucki to management group, Quad-C affiliate
advertisement
An affiliate of private equity investment firm Quad-C Management Inc. and “certain members” of A. Stucki Co.’s management recently acquired A. Stucki, according to Gladstone Investment Corp.
Gladstone recently announced that it sold its equity investment in A. Stucki and received full repayment of its debt investment in the company in connection with the acquisition.
A. Stucki manufactures and reconditions freight-car components, including side bearings, hydraulic stabilizers, brake beams and draft gears.
“Gladstone Investment has enjoyed an excellent working relationship with the talented management team at A. Stucki, [which] has achieved outstanding results in growing the business and building value in a challenging economic environment,” said Gladstone President Dave Dullum in a prepared statement.
Gladstone recently announced that it sold its equity investment in A. Stucki and received full repayment of its debt investment in the company in connection with the acquisition.
A. Stucki manufactures and reconditions freight-car components, including side bearings, hydraulic stabilizers, brake beams and draft gears.
“Gladstone Investment has enjoyed an excellent working relationship with the talented management team at A. Stucki, [which] has achieved outstanding results in growing the business and building value in a challenging economic environment,” said Gladstone President Dave Dullum in a prepared statement.