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BRIEF-JPEL Private Equity announces ‍sale of Celerion
November 24, 2017 / 7:22 AM / 23 days ago

BRIEF-JPEL Private Equity announces ‍sale of Celerion

Nov 24 (Reuters) - JPEL PRIVATE EQUITY LTD:

* ‍SALE OF CELERION​

* ‍ITS PORTFOLIO COMPANY CELERION HOLDINGS, INC. HAS PARTNERED WITH COURT SQUARE CAPITAL PARTNERS​

* ‍COURT SQUARE INVESTING IN PARTNERSHIP WITH CELERION MANAGEMENT TEAM , WHO WILL CONTINUE TO OWN A MINORITY INTEREST IN COMPANY

* ‍AS PART OF TRANSACTION, JPEL RECEIVED PROCEEDS OF APPROXIMATELY USD $44.5 MILLION​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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