Valmont Industries to acquire Locker Group from Advent Capital - WSJ
7th Feb 13
By Gillian Tan
Mid-market PE firm Advent Private Capital has announced the sale of Locker Group Holdings to US-based Valmont Industries. Exit from the construction and architectual product manufacturer is expected to generate a return of over 2.5 times for Advent's investors. Since Advent purchased Locker Group in 2006, it completed a number of manufacturing, warehousing, procurement and IT operations improvements to successfully grow the business.