Press Release Excerpt
We are pleased to announce that Brookwood Associates served as the exclusive financial advisor to Turbonetics, Inc., and its majority shareholders, Edgewater Capital Partners and Greyrock Capital Group, on its sale to Wabtec Corporation (NYSE: WAB). Turbonetics is a manufacturer of world class OEM and aftermarket engine components for applications in the aerospace and defense, industrial, and performance motorsports sectors.
This transaction extends Brookwood’s successful track record advising private equity portfolio companies in sell-side advisory assignments. Brookwood has extensive transactional experience with industrial growth and engine component businesses. Buyers of Brookwood’s clients have included both financial buyers and global strategic acquirers.