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Announced

Completed

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

Synopsis

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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