Group Led By Rock Mountain Capital and The Olayan Group Acquires 48% Stake in PurposeBuilt Brands From Carlyle
NEW YORK, Feb. 2, 2022 /PRNewswire/ — Rock Mountain Capital, The Olayan Group and funds managed by global investment firm Carlyle (NASDAQ: CG) today announced that a group led by Rock Mountain and Olayan has acquired a 48% stake in PurposeBuilt Brands, the proceeds of which were used to redeem Carlyle’s position. TA Associates, an investor since 2019, and […]