BBB To Be Acquired By Clearlake

DAPHNE, Ala. — Daphne’s BBB Industries, LLC, a sustainable automotive aftermarket manufacturer, has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P., with continued investment by Genstar Capital and BBB’s management team, the companies announced. Upon closing the transaction, Clearlake will become majority shareholders of BBB. BBB, founded in 1987, does business in 64 countries through five divisions with multiple sustainable manufacturing facilities and distribution centers throughout North America and Europe. Financial terms of the transaction, which is expected to close later this year, were not disclosed. "We have increasingly deepened our knowledge of, and relationship with, BBB over the past several years and have been impressed with the company’s development," said José E. Feliciano, co-founder and managing partner of Clearlake. “We see a significant opportunity to partner with BBB’s management team to build upon their core business, as well as several compelling growth areas across the automotive and broader industrial and renewable energy ecosystems.”

Read More

USA HEALTH PROVIDENCE HOSPITAL RECOGNIZED FOR STROKE CARE

USA Health Providence Hospital Recognized For Stroke Care

THOMAS HOSPITAL NAMED AMONG BEST HOSPITALS FOR 2024-2025

Thomas Hospital Named Among Best Hospitals For 2024-2025

AAF MOBILE BAY NOVEMBER LUNCHEON TO BE HELD NOVEMBER 21

AAF Mobile Bay November Luncheon To Be Held November 21

SBRMC REBRANDED TO BALDWIN HEALTH, OPENS TOWER

SBRMC Rebranded To Baldwin Health, Opens Tower

Tee It Up For Veterans

Tee It Up For Veterans Charity Golf Tournament To Be Held November 2

FOLEY NAMES BEAUTIFICATION AWARDS WINNERS

Foley Names Beautification Awards Winners

CARNIVAL SPIRIT RETURNS TO PORT OF MOBILE

Carnival Spirit Returns To Port Of Mobile

NEW EXECUTIVE DIRECTOR FOR MAA

New Executive Director For MAA

EXPLOREUM OPEN HOUSE COMING UP

Exploreum Open House Coming Up

Subscribe to our weekly newsletter

Sign up here for free to get Bay Business News email newsletter every Friday.

By subscribing, you agree to our User Agreement and Privacy Policy & Cookie Statement.

Something went wrong. Please check your entries and try again.

Subscribe to our weekly newsletter

Sign up here for free to get Bay Business News email newsletter every Friday.

Please enter a valid email address.
Something went wrong. Please check your entries and try again.