B.R. Lee Industries, Inc.

In January 2000, Arcapita and its co-investors acquired B.R. Lee, with its LeeBoy and Rosco brands. It was the number one original equipment manufacturer in the US by unit volume for commercial class asphalt pavers and brooms. B.R. Lee also offered a one-stop comprehensive product offering, with approximately 65 different models of equipment for road construction and maintenance equipment and an extensive distribution network that covers all 50 US states and 10 Canadian provinces. In May 2006, BR Lee was purchased from Arcapita by Vision Technologies Land Systems, Inc. (VTLS), a subsidiary of Singapore Technologies Engineering Ltd (ST Engineering).

Investment Type

Private Equity

Region

United States

Exit Date

2006