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Investment firm acquires Transtar. (Service Center News).

Publication: Metal Center News
Publication Date: 01-FEB-03
Format: Online - approximately 159 words
Delivery: Immediate Online Access
Full Article Title: Investment firm acquires Transtar. (Service Center News).(H.I.G. Capital acquires Transtar Metals Inc.)(Brief Article)

Article Excerpt
Transtar Metals Inc., based in Sherman Oaks, Calif., sold its metals distribution operations to a company with the same name controlled by H.I.G. Capital, a Miami-based private equity firm. The transaction was finalized Dec. 31; terms were not disclosed.

Transtar President and CEO Steven W. Scheinkman says partnering with...

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