After five years of ownership, Weinberg Capital Partners is putting boating equipment buisness Alliance Marine up for sale and has hired Natixis Partners to advise on the exit, according to two sources familiar with the matter.
EQT IX is expected to be 70-75% invested following the deal
Previous fund held a final close in 2012 with capital commitments of USD 840m
MoU marks LBO France's first foray into the Chinese market, with plans to open a local office
ECI bought the asset from Phoenix less than three years ago