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Private equity shop buys gears and drives maker

Industrial Distribution staff -- Industrial Distribution, 12/11/2007 6:59:00 AM

Bolder Capital LLC acquired the Horsburgh & Scott Co. for $43.5 million.

Cleveland-based Horsburgh & Scott manufactures industrial gears and gear drives, specializing in large gears and enclosed gear drives.

Chicago-based Bolder Capital specializes in acquiring mid-market companies.

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