Deals

Michael Dell's MSD Partners to Buy Ring Container Technologies

Deal is latest overseen by MSD Private Capital chief Londal
Investment adviser has spent $1.4B on seven deals since 2015

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By David Carey

September 14, 2017 at 12:05 PM UTC

This article is for subscribers only.

MSD Partners LP, an investment business backed by Michael Dell, struck a deal to buy Ring Container Technologies Inc., its seventh investment since the beginning of last year.

The investment adviser agreed to buy a majority stake in the Oakland, Tennessee-based maker of plastic containers and bottles from Carl Ring, whose father founded the company in 1968, according to a statement Thursday.