Victor Capital Partners Fund II, LP acquires The Coats Company
Date Closed
January 9, 2024
Lead Office
Toronto
On January 9, 2024, Victor Capital Partners Fund II, LP ("Victor Capital") acquired The Coats Company ("Coats") from Vontier Company.
Victor Capital, located in New York, is a middle market private equity firm investing in specialty consumer, industrial technology, and business services companies.
Coats, headquartered in LaVergne, Tennessee, is a global manufacturer and distributor of Coats-branded wheel service, alignment, inspection, lift and shop productivity equipment and services.
McCarthy Tétrault advised Victor Capital with a team led by Matthew Cumming and included Gianluca Mazzanti, Adil Akbar (Business), Ailbish Bruchet (Financial Services), Isabel Henkelman, Sarah Murphy (Real Property), Patrick Pengelly (Labour & Employment), and Fred Purkey (Tax).