TerraVest Capital to acquire propane bobtail builder
TerraVest Capital Inc. announced that a wholly-owned subsidiary of the company has agreed to acquire the assets of Signature Truck Systems Inc. and Lakeshore Metal Works Inc., each a privately-owned Michigan-based company primarily focused on assembling propane bobtails for fuel distributors across the U.S. Signature generated earnings before interest, taxes, depreciation and amortization in excess of $3 million in 2014,... read more