TorQuest reaps 5x return on sale of Array Marketing to Carlyle

TorQuest Partners scored a 5x return on total invested capital in the sale of its interest in Array Marketing to Carlyle Group, representing a 61 percent internal rate of return, TorQuest said. Carlyle earlier this week took a majority stake for an undisclosed amount in Array, a Canadian provider of in-store merchandising systems to high-end cosmetic brands.

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