TDR To Pay $688M For Ausco Modular

TDR Capital is acquiring portable buildings maker, Ausco Modular.

TDR Capital is acquiring portable buildings maker, Ausco Modular, The Wall Street Journal reports. The private equity firm will pay a total of around $688.5 million for the acquisition. Waco International is the seller in the transaction. Waco is a South African relocatable and modular buildings manufacturer and is owned by Unitas Capital.

Click here for the story from The Wall Street Journal.