Osmose Holdings, Inc. (Osmose) has been acquired by funds managed by Oaktree Capital Management, LP (Oaktree). Financial terms of this transaction have not been disclosed.
Founded in 1934 and based in Buffalo, New York, Osmose operates in three business segments: wood preservation, utilities services and railroad services.
Oaktree, headquartered in Los Angeles, California, is a leading global investment management firm focused on alternative markets, with US$78 billion in assets under management.
Oaklins' team in Cleveland served as the exclusive investment banker to the seller and also rendered a fairness opinion to the Board of Directors of Osmose in connection with this transaction.
Ralph M. Della Ratta, Jr.
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