FOR IMMEDIATE RELEASE
April 18, 2016
Contact: Greg Houghtaling, Vista Private Equity Group, (281) 560-7385, email@example.com
VISTA PRIVATE EQUITY GROUP IS PLEASED TO ANNOUNCE THE SUCCESSFUL SALE OF VISTA’S INTEREST IN METAL CUTTING SPECIALISTS (“MCS”) & HOUSTON WATER JET (“HWJ”)
On December 31, 2013, Vista Private Equity partnered with Richard Rose, the lead investor, to acquire the thirty-five-year-old privately-held MCS and HWJ based in Houston, Texas. After a successful two-year partnership with Richard Rose, which included the completion of a new state-of-the-art facility in Northwest Houston, Richard Rose purchased Vista’s ownership interest in April, 2016.
About Vista Private Equity Group
Founded in 2006, Vista Private Equity Group (www.vistagroupllp.com) is focused on the development of new properties and the acquisition of existing income-producing properties. In addition, it seeks to make investments in private companies within the smaller end of the middle market. Vista’s core investment focus is providing equity capital to support these types of businesses when they face a critical “transition” point – primarily ownership transitions or transformative growth initiatives.