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GCM Grosvenor, Blue Wolf Acquire Hallcon
Chicago-based GCM Grosvenor and New York-based Blue Wolf Capital Partners have acquired transportation services provider Hallcon Corporation from Novacap, a Canadian private equity firm. Terms of the transaction weren’t disclosed.
Headquartered in Chicago, Hallcon is a leading North American provider of mission-critical transportation services and infrastructure for a broad range of customers. The acquisition will accelerate Hallcon’s expansion into new markets and enhance its ability to scale its electric vehicle charging infrastructure.
John R. Stoiber, president and CEO of Hallcon, said, “We are very excited to partner with GCM Grosvenor and Blue Wolf as we accelerate the growth of our services in new geographies and expand our EV charging network across North America.
“Their commitment to supporting the construction of critical EV infrastructure makes them the right partners for Hallcon, and we look forward to leveraging their relationships, resources, and expertise as we execute on our growth strategy,” he continued.
- ◦Sale/Acquisition
