Aurora Buys Industrial Container Services From Wingate For $300

Aurora Capital Group bought Industrial Container Services LLC, a provider of reusable containers, from Wingate Partners in a roughly $300 million deal, LBO Wire has learned.

According to a person familiar with the deal, Los Angeles firm Aurora bought the Montebello, Calif., company from Dallas-based Wingate in a transaction that included about $150 million in debt.

“It was a terrific investment for us and we’re very pleased with the outcome,” said Brad Brenneman, a Wingate principal. Read more.

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