L Squared completed the acquisition of Kano Laboratories.

L Squared, a private equity firm, completed the acquisition of Kano Laboratories, a producer of industrial strength penetrating oils and lubricant. Financial terms were not disclosed. “We are excited to partner with the management team at Kano to help accelerate the Company’s growth, particularly through accretive acquisitions. We see a fragmented landscape of niche specialty chemical products – such as Super Lube – that offer a great value proposition, but lack the sales resources to scale; Kano has built the go-to-market infrastructure to be the partner of choice for these businesses,” Randall Hunt, L Squared Managing Partner.