US: Investment firm CQL Capital has acquired Pennsylvania-based Erie Strayer, a producer of concrete batching plants and equipment for ready-mix and paving contractors. Private Equity Professional News has reported that Brookside Capital Partners, Everside Capital Partners, Star Mountain Capital, Tecum Capital and UMB Private Investments also co-invested.
Erie Strayer's products include the Heavy-Duty Tilt Drum Mixer and the Liberty Series Concrete Batching Control System. The producer also supplies replacement parts and on-site servicing.
