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RAIL EMPLOYMENT & NOTICES



Rail News Home Rail Industry Trends

7/9/2010



Rail News: Rail Industry Trends

Gladstone sells A. Stucki to management group, Quad-C affiliate


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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.