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Sale Of PolyPipe Holdings Is Complete
Paresh Chari, president and CEO of Dura-Line, said, “With its significant market share, national presence and differentiated products and capabilities, PolyPipe will position us to further strengthen our footprint in the U.S. Together, we will continue to provide our customers with best-in-class service and a versatile product line.” polypipe.com; duraline.com
Dan Hennessy, Partner at CHS Capital, said, “PolyPipe has a 35-year reputation for providing quality products and superior service, a history of growth and an eminent brand name. We look forward to continuing our growth strategy in the pressure pipe market.”
CHS Capital is a Chicago-based private equity firm with 24 years of experience investing in the middle market. Through partnerships with strong management teams, CHS Capital accelerates earnings growth and drives value creation through human capital enhancements, performance improvement actions and strategic growth initiatives. CHS Capital has made investments in over 360 businesses and invested $2.9 billion of capital. www.chsonline.com.