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Stellex Capital Management Llc Acquires Peltram Plumbing Holdings

PRIVATEJan 18, 2022

Acquiring Company

Stellex Capital Management

Acquired Company

Peltram Plumbing Holdings

New YorkManufacturingProfessional ServicesFinancial ServicesScience And EngineeringTransportationFinanceFintech

Description

Stellex Capital Management (“Stellex”), a middle-market private equity firm, has announced a new platform investment in Peltram Plumbing Holdings, LLC (“P3 or “Company”). Stellex acquired P3 in partnership with the existing management team from an investor group led by Crescendo Capital Partners (“Crescendo”). The terms of the transaction were not disclosed.

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Company Information

Company

Stellex Capital Management

Location

New York, New York, United States

About

Stellex Capital Management LP is a private equity firm that invests in middle-market companies in North America and Europe through its offices in New York and London. We seek to identify opportunities where we can deploy capital to provide stability, catalyze operational improvement and foster growth. We work closely with high quality management teams to unlock and enhance the value of the underlying franchise.

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Frequently asked

Who acquired Peltram Plumbing Holdings?

Peltram Plumbing Holdings was acquired by Stellex Capital Management, based in New York. The deal was reported on January 18, 2022. Stellex Capital Management LP is a private equity firm that invests in middle-market companies in North America and Europe through its offices in New York and London. Stellex Capital Management is privately held and operates in Manufacturing.

When did Stellex Capital Management acquire Peltram Plumbing Holdings?

Stellex Capital Management's acquisition of Peltram Plumbing Holdings was reported on January 18, 2022. Stellex Capital Management (“Stellex”), a middle-market private equity firm, has announced a new platform investment in Peltram Plumbing Holdings, LLC (“P3 or “Company”). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Peltram Plumbing Holdings do?

Peltram Plumbing has been installing systems for large volume homebuilders and commercial developers for over 35 years. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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