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Tensar Corporation Acquired by Castle Harlan

Friday, August 8, 2014

Tensar Corporation

William Blair acted as the exclusive financial advisor to Tensar Corporation, a portfolio company of Arcapita, American Capital, and PineBridge, in conjunction with its sale to Castle Harlan for $400 million. The transaction closed on July 9, 2014.

Transaction Highlights

  • Execution excellence: Tensar recognized William Blair’s M&A expertise and ability to design a process to maximize value and achieve the best possible terms.
  • Deep relationships and sector expertise: William Blair leveraged its extensive knowledge and experience within the infrastructure and building products sector, as well as strong relationships with likely strategic buyers and private equity firms around the world.
  • Trusted guidance: William Blair’s senior deal team was integrally involved throughout each step of the transaction and crafted a process with creative solutions to address key questions and rapidly evolving industry dynamics, resulting in an exceptional outcome for Tensar.

About the Companies

Tensar is a provider of site-development solutions and other technologies. Applications include roadway reinforcement, earth-retention structures, building foundations, and erosion and sediment control.

Arcapita is a global Shari’ah-compliant alternative investments firm headquartered in Bahrain with offices in Atlanta, London, and Singapore. Its principal lines of business are real estate, private equity, and venture capital.

American Capital is a publicly traded private equity firm and global asset manager. It originates, underwrites, and manages investments in middle market private equity, leveraged finance, real estate, energy, infrastructure, and structured products.

PineBridge is a global asset manager with nearly 60 years of experience in emerging and developed markets, delivering innovative alpha‚Äźoriented strategies across asset allocation, equities, fixed income, and alternatives.

Castle Harlan is a global private equity firm focused on making control investments in middle-market companies. Since its inception, Castle Harlan has participated in eight private equity funds, five in the United States and three in Australia, totaling approximately $6 billion in capital commitments.