K&L Gates Steers Riverlake Buyout Of Heavy Hauling Co.

Law360, New York (December 1, 2011, 2:31 PM EST) -- Private equity firm Riverlake Partners LLC has acquired heavy equipment moving specialist Omega Morgan Inc. and is setting its sights on scaling up the business through growth funding and strategic acquisitions, the buyer announced Thursday.

Portland, Ore.-based Riverlake teamed up with minority investor Columbia Investments Ltd. in the Omega Morgan buyout, which is roughly valued at $50 million, between the acquisition price and committed growth capital, Riverlake founder Erik Krieger said.

“We are really excited about our partnership with Omega Morgan,” Krieger said. “This is exactly...
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