Holland Helps Blue Wolf Buy Channel Technologies

Law360, New York (January 3, 2012, 12:05 PM EST) -- Buyout firm Blue Wolf Capital Partners LLC has purchased military and oil service technology company Channel Technologies Group LLC for an undisclosed amount, Blue Wolf said Tuesday, adding that Channel executives and Virginia-based Gladstone Investment Corp. had also invested in the deal.

Santa Barbara, Calif.-based Channel Technologies has 250 employees and makes products used in military, commercial, geophysical and medical applications including piezoelectric ceramics, which are used in underwater sensing, sonar systems and advanced calibration equipment.

"We expect to invest in all aspects of the company,...
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