Rhodes Manufacturing has been acquired by 3 Rivers Capital
By Capital Markets
11/23/2015
Generational Capital Markets, Inc., member FINRA/SIPC, ("GCM", part of the Generational Group) an advisor to privately-held businesses for mergers & acquisitions, is pleased to announce the acquisition of its client, Rhodes Manufacturing Inc. (Rhodes), headquartered in Somerset, Ohio, by 3 Rivers Capital, headquartered in Pittsburgh, Pennsylvania. The acquisition closed on March 31, 2015.
Rhodes designs, fabricates, and repairs/refurbishes custom steel and aluminum storage and fluid containment tanks for the petroleum, agriculture, and various other industries. The Company bills itself as an "oil field specialist since 1977", providing new and used storage tanks in various sizes and can customize tanks to customer specifications.
Read the full press release on PR Newswire
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