Abstrakt: |
Stellex Capital Management (“Stellex”), a middle-market private equity firm, announced the final closing of a single-asset continuation vehicle that has acquired interests in Fenix Parts (“Fenix” or the “Company”). The transaction will provide follow-on capital with the aim of driving organic growth initiatives, supporting the continued execution of the Company’s prospective M&A pipeline, and capitalizing on the progress of strategic initiatives. Financial terms of the transaction were not disclosed. [ABSTRACT FROM PUBLISHER] |