On May 18, 2012, the Princeton Review brand name and operations were bought for $33 million by Charlesbank Capital Partners, a private-equity firm.
In October 2010, Vitol made a deal to add Charlesbank Capital Partners as a second general partner; this led to public charges, by an investment fund associated with billionaire Michael Dell, that the transaction was improper self-dealing intended to take money from Blueknight's existing limited partners.
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In 2007, the company was acquired by two private equity firms: Charlesbank Capital Partners and Transportation Resource Partners (affiliated with Roger Penske).
Michael R. Eisenson, co-founder, managing director and chief executive officer of Charlesbank Capital Partners, LLC