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Private Equity

T. Parker Host Receives Strategic Investment From Metalmark Capital

by vcaonline.com posted 1month ago 19 views
Metalmark Capital Invests in Host to Fund Acquisition of Avondale and Provide Incremental Capital for Execution of Host's Growth Strategy NEW YORK, December 7, 2018-- T. Parker Host ("Host" or the "Company") is pleased to announce a strategic investment from Metalmark Capital ("Metalmark"). Metalmark is a leading private equity firm with a long track record of successfully investing in family and founder-owned businesses in targeted sectors, with particular expertise in infrastructure and commodity-related industries. Financial terms of the transaction were not disclosed. The strategic investment coincides with Host's acquisition of the 254-acre Avondale Shipyard in New Orleans, LA.

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