Brass Ring Sells Franklin Energy Services to Cortec Group

Brass Ring Capital has sold Franklin Energy Services to the Cortec Group.The deal closed Oct. 7. Financial terms were not announced. Brass Ring, of Milwaukee, is a private investment firm while Cortec is a New York PE firm. Port Washington, Wis.-based Franklin Energy is an energy efficiency program management company. Harris Williams, which advised Franklin Energy, disclosed the sale Monday.

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