show menu
close menu
LinkedIn icon

NewStar Financial Provides Buyout Financing for Turner Bros. Holdings, LLC.

Download pdf Download PDF

Boston, MA – NewStar Financial, Inc. (NASDAQ:NEWS), a Boston-based specialty finance company, announces that it has provided debt capital in support of a $89.0 million senior debt financing led by GE that supports Huntsman Gay Capital Partners' (now Huntsman Gay Global Equity) buyout of Turner Bros. Holdings ("Turner Bros"). Turner Bros. provides lifting and specialized transport services targeting the wind-energy, refining, petrochemical, power and exploration-and-production sectors. Huntsman Gay Global Equity is a private equity firm located in Palo Alto, CA that manages approximately $1.1 billion for a variety of institutional investors.


Hex divider blue

Copyright 2017 NewStar Financial, Inc. All Rights Reserved. Terms of use.