TCW Group Acquires Craton Equity Partners

September 30, 2013

On September 30, 2013, The TCW Group, Inc. announced that it had acquired Los Angeles, California-based private equity firm Craton Equity Partners.


On September 30, 2013, The TCW Group, Inc. announced that it had acquired Craton Equity Partners, a Los Angeles, California-based private equity firm.  Craton specializes in socially responsible investing and provides capital to venture-backed companies in the sustainability, resource efficiency, and carbon-reducing technology sectors.  Craton has approximately $241.5 million in assets under management.  The TCW Group is a global asset management firm with approximately $130 billion in assets under management.  Financial terms of the transaction were not disclosed.

For the press release, please click here.


Categories

Investment Manager M&A, Private Equity M&A, Transactions