JZ Capital Partners has announced the sale of its investment in Justrite Manufacturing for $21.4m. Justrite manufactures products specifically designed to help workers store, transfer, use and dispose of hazardous materials in a safe and convenient manner and JZ Capital Partners first invested in Justrite in June 2011 alongside an investor group led by the US private equity arm of Baird Capital. JZCP’s investment was $6.1m. JZ Capital Partners say that the proceeds from the sale will allow the Company to take advantage of the healthy pipeline of opportunities to acquire high quality companies and real estate assets at what management consider to be reasonable prices.
JZ Capital Partners disposes of its Justrite investment for $21.4m : JZCP