Source Capital Acquires Penray Companies, Inc.

Tuesday, January 11, 2011

Source Capital, an Atlanta and San Francisco based private equity firm, has backed management in acquiring The Penray Companies, Inc.  Source Capital targets healthy, growing companies seeking a growth-oriented partner, focusing on adding value through a hands-on approach of prioritizing and executing strategic initiatives with management.  Joining Source Capital as equity partners in this transaction are Howard Laga, President, and Randy Fowler, Vice President of Sales and Marketing, both continuing on in their current leadership roles.

 

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

TEN Charters Tanker at 20% Premium

Tsakos Energy Navigation Limited announces two-year charter renewal at a 20 percent premium to prior contract reflecting strong tanker market fundamental, oil price

Brent Crude Falls More than 7 Percent

Brent crude futures tumbled more than 7 percent on Tuesday, falling back below $50 a barrel as data highlighting China's contracting manufacturing sector revived

Gunvor Emerges as Winner in Rosneft's Jumbo Oil Tender

Trading house Gunvor, which has been selling assets in Russia, has again emerged as the winner of a semi-annual Rosneft tender, traders said on Tuesday.   They said Gunvor would lift from 200,

 
 
Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2115 sec (5 req/sec)