MasterCraft Shifts Sponsors

Charlesbank Capital Partners and Transportation Resource Partners have agreed to acquire MasterCraft Boat Co. from US Equity Partners, a fund sponsored by Wasserstein & Co. Company management will partner with the buyers, while debt financing will be provided by Jefferies & Company. No financial terms were disclosedl MasterCraft is a Vonore, Tenn.-based maker of powerboats. It was advised on the sale by Lazard.