HANCOCK PARK ASSOCIATES TO BUY ASC’S CONVERTIBLE & DESIGN UNITS
DETROIT, May 4 /PRNewswire/ — ASC Incorporated announced that Hancock Park Associates, a private-equity firm based in Los Angeles, has signed a definitive purchase agreement for the automotive “open air” roof-systems unit and the automotive design-services unit of ASC from its owner, American Specialty Cars Holdings LLC. Terms of the transaction were not disclosed. As … Continue reading HANCOCK PARK ASSOCIATES TO BUY ASC’S CONVERTIBLE & DESIGN UNITS