Jordan Co. LP, through an affiliate of The Resolute Fund IV LP, entered into a definitive agreement to buy Sabre Industries Inc. from Kohlberg Investors VII LP, a fund managed by Kohlberg & Co. LLC.
The transaction is in partnership with Sabre's current management led by CEO Jim Ruddy and is expected to support the growth of the target company.
Sabre is an Alvarado, Texas-headquartered maker of highly engineered products used for electric transmission and distribution and wireless telecommunications.
Kirkland & Ellis LLP served as legal adviser to Jordan. Houlihan Lokey Capital Inc. and KeyBanc Capital Markets Inc. were financial advisers to Sabre, while Paul Weiss Rifkind Wharton & Garrison LLP was its legal adviser.