Announced
Completed
Financials
Tags
Private Equity
Private
Domestic
Friendly
Completed
Majority
United States
Single Bidder
consumer durables
Acquisition
Specialty Retailers
Synopsis
Tower Arch Capital-backed SnugZ USA, a provider of an online marketplace for promotional products, completed the acquisition of Sweda Company, a supplier of promotional products. Financial terms were not disclosed. "We are honored to partner with Jim Hagan and the entire Sweda team. Sweda's innovation and commitment to serving their distributor customers has redefined what it means to deliver high quality and creative products. This next chapter of growth will be very exciting as we leverage the expertise of both businesses," David Topham, Tower Arch Capital Partner.
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