HIG Picks Up Teleflex’s Marine Biz For $122M
As part of the deal, H.I.G. will pay $101.6 million in cash proceeds, assume about $15.5 million in liabilities related to the business and offer a $4.5 million subordinated note.
Teleflex’s marine business, which has its headquarters in Litchfield, Ill., and operations across the globe, provides steering and throttle controls...
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