Quad-C Management, which holds equity in a number of building and construction materials businesses, says it sold the Balboa Water Group, a bath fixtures firm, to AEA Investors.
Based in Charlottesville, Virginia, Quad-C Management private equity earlier this year took a controlling stake in The Wolf Organization, Inc., the largest distributor of kitchen and bath cabinetry in the U.S. and a leading provider of trim, railing, decking, siding and other building products.
Quad-C Management private equity closed on an investment in The Wolf Organization, Inc., relieving the newly elected Minnesota governor of his stake in the firm.
Founded in 1989 and headquartered in Charlottesville, Virginia, Quad-C is a middle market private equity firm focused on investing in well-established business services, consumer, general industrial, healthcare, specialty distribution and transportation and logistics companies. In its 25-year history, Quad-C has invested over $2 billion of equity across more than 50 companies.
Have something to say? Share your thoughts with us in the comments below.