Friedman Fleischer & Lowe Buys Transtar

Friedman Fleischer & Lowe has completed its acquisition of Transtar Industries from Linsalata Capital Partners. The deal was financed with $425 million of senior secured credit facilities, the companies said. Transtar is a provider of autobody products for automotive repair. San Francisco-based private equity firm Friedman Fleischer & Lowe has roughly $2.5 billion under management.

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