CVC Capital Partners VIII (CVC Fund VIII), has invested in Radwell International (Radwell), a global distributor of new and surplus industrial automation components.
CVC Fund VIII is acquiring an interest in the company from founder & CEO Brian Radwell and Greenbriar Equity Group (Greenbriar), both of whom will remain significant shareholders going forward. Financial terms of the private transaction have not been disclosed.
Founded in 1979, Radwell is a leading specialty distribution and light manufacturing business that provides new and refurbished industrial automation components for the repair and maintenance of production and processing equipment on plant floors.
The investment from CVC Fund VIII will support Brian Radwell and the management team in executing against their multi-year expansion program focused on domestic and international growth as well as selective M&A opportunities across the business’s geographies and product sets.
