One of the world's leading providers fo customized supply chain services, syncreon Holdings Ltd, announced it had formalized an agreement with its shareholders with Centerbridge Partners as to the latter's minority investment in the firm. These supply chain services can be customised to the needs and requirements of the customer. Even after the transaction, current existing shareholders GenNx360 Capital Partners and the Enright Family would retain equity ownership in the company.
According to syncreon Holdings co-founder and CEO Brian Enright, "I am very pleased that we have reached an agreement with Centerbridge to be part of the next phase of syncreon's development. This investment is all about supporting the growth fo the Company. With Centerbridge onboarding to the shared vision and strategy of the existing shareholders, the Company is poised to take the next steps in building out its service offering capability and footprint. I am sure the Company is about to enter a very exciting next phase of growth and development."
Join the Conversation