BPGC Management Utilizes Quasi Continuation Vehicle for Extended PB Materials Journey

Deal News | Feb 12, 2025 | Houlihan Lokey

BPGC Management Utilizes Quasi Continuation Vehicle for Extended PB Materials Journey

BPGC Management has employed a quasi continuation vehicle to maintain and expand its involvement with PB Materials. This innovative structure, facilitated by Houlihan Lokey, offers potential long-term value by allowing BPGC to extend its investment strategy with PB Materials, a company in the materials supply industry. Sim Ketchum discusses how this strategic decision aligns with evolving market trends and offers increased flexibility for the investors involved.

Sectors

  • Private Equity
  • Materials
  • Financial Advisory

Geography

  • United States – The article involves U.S.-based entities BPGC Management and PB Materials, as well as the advisory team at Houlihan Lokey.

Industry

  • Private Equity – The use of a quasi continuation vehicle indicates a sophisticated financial transaction typical within the private equity industry.
  • Materials – PB Materials is a key participant, implying the involvement of the materials supply sector.
  • Financial Advisory – Houlihan Lokey, a financial advisory firm, plays a central role in advising the deal.

Financials

    Participants

    NameRoleTypeDescription
    BPGC ManagementManagerCompanyThe management company leveraging a quasi continuation vehicle with PB Materials.
    PB MaterialsTargetCompanyThe materials supply company involved in the strategic transaction.
    Houlihan LokeyAdvisorCompanyThe financial advisor providing guidance on the utilization of the quasi continuation vehicle.
    Sim KetchumSourcePersonThe individual discussing the transaction's nuances with Mergermarket.