Vektek: CNL Strategic Capital Buys Majority Stake in Hydraulic Clamp Manufacturer

CNL Strategic Capital LLC, a publicly registered non-traded limited liability company, has purchased an approximately 84 percent equity stake and made a concurrent debt investment in Vektek Holdings LLC. Founded in 1974 and headquartered in St. Joseph, Missouri, Vektek designs, engineers and manufactures automated work-holding products for computer numerical control (CNC) machining. A manufacturer of [...] The post CNL Strategic Capital Buys Majority Stake in Hydraulic Clamp Manufacturer appeared first on The DI Wire.