Exponent Buys UK Tool Supplier HSS Hire From Hedge Funds
HSS Hire, a U.K.-based tool and equipment hire chain, was previously owned by New York-based Och-Ziff Capital Management Group LLC and hedge fund Perry Capital LLC. The firm reported sales of £180.2 million ($290 million) last year — a 5 percent increase over the previous year — and profits of £39.8 million.
Financial terms of the...
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