Houlihan Lokey Advises Sabre Industries
Houlihan Lokey is pleased to announce it advised Sabre Industries, Inc., a portfolio company of Kohlberg & Company, LLC, on the sale of the business to The Jordan Company, L.P. (TJC). The transaction closed on April 15, 2019.
Sabre is a market-leading manufacturer of mission-critical products to the utility and telecom markets. The company's offerings include highly-engineered structures and complementary services for the electric transmission and wireless communication end markets, which are driven by the replacement of aging utility infrastructure and the expansion, modification, and densification of existing wireless networks. Sabre has approximately 2,400 employees and five state-of-the-art, purpose-built manufacturing facilities that are strategically located throughout the United States.
Kohlberg is a private equity firm headquartered in Mount Kisco, New York. Since its inception in 1987, Kohlberg has organized eight private equity funds, through which it has raised more than $7.5 billion of committed equity capital. Over its 32-year history, Kohlberg has completed 76 platform investments and nearly 200 add-on acquisitions, with an aggregate transaction value in excess of $15 billion.
TJC, founded in 1982, is a private equity firm with original capital commitments in excess of $11 billion and a 37-year track record of investing in and contributing to the growth of businesses across a wide range of industries. The senior investment team has been investing together for over 20 years and has completed more than 120 platform investments and more than 300 add-on acquisitions. TJC is headquartered in New York, New York, with an office in Chicago, Illinois.
Houlihan Lokey served as the exclusive financial advisor to Sabre and assisted in initiating, structuring, and negotiating the transaction on its behalf. This transaction underscores Houlihan Lokey's long-standing reputation and credentials as a premier advisor to the world's leading industrial companies.
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