Sealed and Delivered: LLCP Acquires the Colt Group

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Sealed and Delivered: LLCP Acquires the Colt Group

peprofessional

10 hours ago

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Levine Leichtman Capital Partners (LLCP) has acquired the Colt Group, a specialty industrial services company that repairs leaks and makes connections on pipes and equipment while they remain in service, from Capstreet.

Chief Executive Officer Jason Box and the existing executive team remain significant investors in the business and continue to lead it. Colt is the fifth platform investment of Levine Leichtman Capital Partners VII.

Colt Group exists to spare its customers a shutdown. When...

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