CapStreet's Thorpe Specialty Services makes second Canadian acquisition
Thorpe Specialty Services Corp, a portfolio company of U.S. private equity firm CapStreet Group, has acquired Chem-Star Industries Ltd, a provider of industrial fibreglass, paint coatings and abrasive blastings located in Prince George, British Columbia. The financial terms of the deal were not released. Thorpe, a Houston, Texas-based multi-craft industrial service provider and manufacturer, said the deal expands its service and product offerings in Western Canada. The acquisition of Chem-Star follows Thorpe's acquisition of another Canadian business, Clayburn Refractories Ltd, in May 2014. CapStreet has backed the company since 2010.
20 May 2015•3 mins read
