Pamplona Capital Management is buying private equity-backed BBB Industries LLC for an undisclosed amount.
BBB, headquartered in Mobile, Alabama, manufactures and distributes car parts, including electrical, brake and power-steering products. The company is backed by private equity firm Windjammer Capital Investors, which is headquartered in Newport Beach, California. The firm has about $2 billion in capital under management. Windjammer is currently investing out of Windjammer Senior Equity Fund IV, which has $725 million in commitments.