Exit: Charlesbank Capital partially exits Blueknight Energy

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[Context: Charlesbank Capital Partners invested in Blueknight Energy in 2010 and was co-owner with global commodities trading house Vitol. It was sold to privately held Ergon]

Blueknight Energy Partners to Acquire Nine Asphalt Terminals from Ergon for $108.8 Million and Ergon to Acquire Blueknight’s General Partner

  • Ergon is a Jackson, Mississippi-based private company established in 1954 involved in asphalt, crude oil and refined products terminalling, marketing and transportation
  • Transaction subject to regulatory approvals and expected to close on or before September 30, 2016
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