Warburg Pincus and Tilia to acquire FlexXray from Levine Leichtman Capital Partners.

Warburg Pincus, a global private equity firm, and Tilia, a private investment firm, agreed to acquire FlexXray, a provider of x-ray inspection services focused on food safety, from Levine Leichtman Capital Partners, a Los Angeles-based private equity firm. Financial terms were not disclosed. "FlexXray is well-positioned to meet the growing consumer demand for a safe and environmentally-friendly food supply chain. The investment in FlexXray reflects our ongoing mission to invest in companies that help make the food supply chain safer for our customers and ultimately, the end consumer. We are excited to partner with Warburg Pincus to bring this investment to life and extend the growth trajectory for the company," Johannes Burlin, Tilia Co-CEO.