FleetPride Acquires Friction Materials
December 23, 2010- Share:
FleetPride, a portfolio company of Ridgemont Equity Partners and Investcorp, has acquired Friction Materials, a provider of clutches, brakes and industrial frictions. FleetPride intends to move its current Eugene, OR operations into Friction Materials' larger 15,000 square foot facility. FleetPride has been backed by Ridgemont and Investcorp since a $506 million LBO in 2006.
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