News

TCG Co-Advises Castle Harlan on Sale of Ames True Temper

TCG Press Release

October 1, 2010


LOS ANGELES - Transworld Capital Group (TCG) is pleased to report its role as China advisor to Castle Harlan in its sale of Ames True Temper to Griffon Corp., announced this week. The transaction, valued at $542 million, marked a successful exit from a 2004 acquisition by Castle Harlan, one of the world’s old and most successful private equity firms. Ames True Temper is a leading manufacturer of tools for gardening, construction, and other outdoor uses. In this transaction TCG assisted the seller with identifying prospective buyers in China.

About Transworld Capital Group
Transworld Capital Group is a financial advisory and investment firm specializing in cross border transactions between the Western World and Greater China. The company advises both on M&A and capital-raising transactions as well as partnerships to help businesses access the China market. More information can be found at www.transworldgroups.com.