A group led by Rock Mountain Capital and The Olayan Group has acquired a 48 per cent stake in PurposeBuilt Brands from Carlyle group.
A group led by Rock Mountain Capital and The Olayan Group has acquired a 48 per cent stake in PurposeBuilt Brands from Carlyle group.
TA Associates, an investor since 2019, and company management are rolling 100 per cent of their equity and will hold a 52 per cent ownership stake.
PurposeBuilt Brands is a portfolio of specialty cleaning products for the consumer and commercial markets.
