Houlihan Lokey Advises Radwell International LLC

Houlihan Lokey is pleased to announce that Radwell International, LLC (Radwell), a portfolio company of Greenbriar Equity Group, LP (Greenbriar), has been recapitalized by CVC Fund VIII (CVC). As part of the transaction, CVC is acquiring an interest in the company from founder and CEO Brian Radwell and Greenbriar Equity Group, LP, both of whom will remain significant shareholders going forward. This transaction closed on April 1, 2022.

Founded in 1979, Radwell is a leading specialty distribution and light manufacturing business that provides new and refurbished industrial automation components for the repair and maintenance of production and processing equipment on plant floors. The company focuses on the aftermarket for mission-critical components and is dedicated to keeping customers’ facilities operating efficiently. Headquartered in Willingboro, New Jersey, the company operates nine facilities in the United States, Canada, the United Kingdom, and Germany.

Founded in 1999, Greenbriar is a middle-market private equity firm, with more than $6 billion of aggregate capital commitments across its five funds, focused on investments in market-leading services and manufacturing businesses. Greenbriar looks to identify companies with proven management teams capitalizing on strong long-term growth prospects that can benefit from its deep sector expertise and strategic insight alongside its proven operating capabilities and network of senior executive relationships.

CVC is a leading private equity and investment advisory firm with a network of 25 offices throughout Europe, Asia, and the United States, with approximately $122 billion of assets under management. Since its founding in 1981, CVC has secured commitments in excess of $165 billion from some of the world’s leading institutional investors across its private equity and credit strategies. Funds managed or advised by CVC are invested in over 100 companies worldwide, which have combined annual sales of approximately $120 billion and employ more than 500,000 people.

Houlihan Lokey served as the financial advisor to Radwell. Houlihan Lokey’s Specialty Distribution team has earned a reputation for working with premier distribution clients, providing superior client service, and delivering outstanding results. This transaction highlights the firm’s continued success advising market-leading specialty distributors.