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Announced

Completed

Saothair Capital Partners and Ocean Avenue Capital Partners completed the acquisition of Arandell.

Synopsis

Saothair Capital Partners, a private equity firm focused exclusively on investing in lower-middle market manufacturing and industrial companies, and Ocean Avenue Capital Partners, a private equity firm, completed the acquisition of Arandell, a web catalog production facility. Financial terms were not disclosed. "We see tremendous opportunity to take what is already a high-quality printer and, by bringing the necessary financial resources, create an even more enduringly competitive operation," Richard Lozyniak, Saothair Co-founder and Operating Partner.

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