Clearlake Capital to acquire Mold-Rite from Irving Place Capital.

Clearlake Capital agreed to acquire Mold-Rite, a manufacturer of plastic packaging components, from Irving Place Capital, a private equity firm. Financial terms were not disclosed. "Our combination of innovative design solutions with a customer-centric approach has made MRP a trusted supplier. Clearlake's operational knowledge and resources will allow us to grow our position in the market while we continue to innovate and provide quality products and services to our valued customers across the healthcare and consumer packaging segments in which we participate," Brian Bauerbach, Mold-Rite President and CEO.