商业快报

PE firm’s many roles attract scrutiny as car parts maker seeks bankruptcy
Wheel Pros破产引发对私人股本公司多重交易角色的质疑

Clearlake Capital bought, sold and continued to own Wheel Pros even as it collapsed under $1.7bn in debt
Clearlake Capital利用“延续工具”将Wheel Pros出售给自己,同时锁定利润。但现在Wheel Pros带着超17亿美元的债务破产,使Clearlake遭受重创。
Wheel Pros was spending $170mn a year on interest costs, according to Financial Times calculations, while a court filing said operating profit slid to $69mn in 2023

Clearlake Capital reaped nearly $1bn in profit selling car parts maker Wheel Pros in 2021, which it acquired just three years earlier in a buyout worth just over $400mn.

Clearlake Capital在2021年出售汽车零部件制造商Wheel Pros并获得了近10亿美元的利润。这距离Clearlake以略高于4亿美元的收购价收购Wheel Pros仅3年。

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