Gavilon to Acquire DeBruce
October 25, 2010- Share:
PE-backed Gavilon has agreed to acquire DeBruce Companies, an agricultural firm that operates grain handling facilities, provides fertilizer and crop protection products and services and offers freight brokerage services. DeBruce is being advised by BMO Capital Markets and Stinson Morrison Hecker on the deal, while Gavilon is being advised by Morgan Stanley and Jones Day. Gavilon has been backed by Ospraie Management, General Atlantic and Soros Private Equity since a roughly $2.8 billion LBO in 2008.
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