Robbins Drives Off with HEXPOL, Grey Mountain Waves Goodbye
December 04, 2012
Grey Mountain Partners has sold Robbins Holdings, a Muscle Shoals, AL-based rubber compounder and producer of molded envelopes and curing tubes for truck, heavy equipment and airplane tires, to HEXPOL for $89.2 million. Grey Mountain had been an investor in the company since 2007. Boulder, CO-based Grey Mountain invests at the small end of the middle-market in companies across a wide range of industries, and is currently investing from its second fund, Grey Mountain Partners Fund II.