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New Deal


Announced

Completed

Norwest Equity Partners completed the acquisition of Clover Imaging Group from 4L.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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printer cartridges

Majority

Completed

Acquisition

United States

Miscellaneous Consumer Staple Goods

Single Bidder

Private Equity

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Private

Synopsis

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Private equity firm Norwest Equity Partners completed the acquisition of Clover Imaging Group, the world’s largest collector and remanufacturer of printer cartridges, from 4L. Financial terms were not disclosed. "Our executive leadership team, in partnership with NEP, has an unwavering commitment to the success of the business. We also share confidence in the aftermarket imaging supplies industry and consumers’ demand for environmentally conscious products like ours. We are well-positioned to write the next chapter for Clover Imaging and could not be more excited about the growth opportunities this new capital and partnership will provide," Jim Cerkleski, Clover Imaging Group Chairman.

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