Trivest Partners is selling its stake in the consumer electronics maker DEI Holdings,
AltAssets reports. The U.S. private equity firm will get a total of $285 million from the sale.
The buyer of the company is mid-market investor Charlesbank Capital Partners. The transaction value also includes the assumption of the company’s debt. Trivest acquired a 36% in the company over 10 years ago.
Click here for the story from AltAssets.