Centerbridge Partners to Buy Minority Stake in GenNx360-Backed syncreon

Centerbridge Partners has agreed to make a "substantial" undisclosed minority investment in syncreon Holdings Limited. J.P. Morgan Securities, Morgan Stanley & Co. and Simpson Thacher & Bartlett advised syncreon in the transaction while Goldman Sachs and Weil, Gotshal & Manges advised Centerbridge. Syncreon, which is backed by GenNx360 Capital Partners, is a provider of supply chain services.

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