Tar Heel Backs Rockfin in First Investment from Fund II (CEE and CIS)
Source: Unquote | Author: Gregoire Gille
Polish private equity firm Tar Heel Capital has acquired a 60 percent stake in Polish hydraulic oil systems manufacturer Rockfin. The investment, which marks the first from the EUR50 million Tar Heel Capital II fund, is intended to finance the development of Rockfin’s production plant as well as potential acquisitions. Financial details of the transaction were not disclosed.