Magpul sold/bought out...

[Window_Seat]

I'm just a bit confused about who bought Magpul, BRS or Triangle Capital Corp...

BRS Announces Investment in Magpul Industries Corp.

Triangle Capital Corporation Invests $14.8 Million in Magpul Industries Corp.

Hmmmm... Interesting enough...

Erik.

[Kharn]

It reads more like they're just loaning capital, not buying stock.

[CHS]

These two firms simply invested in Magpul. Magpul has not been "bought" by anyone.

[Window_Seat]

Thanks CHS (for moving it [if you did]).

Erik.

[wash]

My reading of this is that either Magpul needed capital to increase their production capacity or possibly create a new product line or else the founders are trying to cash out.

Cashing out is not a horrible thing to do, it might allow management to take more aggressive risks with the company.

[Merc1138]

How do two articles clearly indicating investments, equate to "buyout" or selling the company?

The thread title is extremely misleading(it's a flatout lie).

[Mesa Tactical]

It reads more like they're just loaning capital, not buying stock.

In fact, it's an equity investment by BRS, a private equity firm. Triangle is simply helping to finance the deal: "Integris Partners acted as exclusive financial advisor to Magpul in this transaction. SunTrust Bank, Regions Bank and Triangle Capital provided financing for the transaction."

In this industry, $14.8 million is a pretty significant investment. It probably represents a large proportion of Magpul's equity.