Norwest Equity Partners and Management Acquire Clover Imaging Group from 4L Holdings
December 16, 2019
Norwest Equity Partners (NEP), together with the Clover Imaging Group executive leadership team, acquired Clover Imaging Group from 4L Holdings (the Clover Technologies Group) in a transaction that closed on December 16, 2019. Clover Imaging, a global remanufacturer and collector of printer cartridges headquartered in Chicago with ~5,000 employees, will operate as an independent standalone company under NEP ownership to pursue growth and expansion opportunities.
- Buyers
- Norwest Equity Partners, Clover Imaging Group executive leadership team
- Targets
- Clover Imaging Group
- Sellers
- 4L Holdings (Clover Technologies Group)
- Industry
- Manufacturing
- Location
- Illinois, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Clover Imaging Group Acquires Phoenix Direct
July 21, 2022
Logistics & Distribution
Clover Imaging Group has acquired all operating assets of Phoenix Direct, LLC, a Duluth, Georgia–based eCommerce fulfillment and marketing services provider. The deal expands Clover's capabilities into end-to-end DTC fulfillment, customer service, and marketing to complement its returns management, asset renewal and redistribution platform as part of a diversification and growth strategy.
-
Ascend Learning Acquires Clover Learning
March 27, 2025
Healthcare Services
Ascend Learning, a healthcare learning and certification company, has acquired Clover Learning, a provider of online diagnostic imaging education and certification exam preparation. The acquisition expands Ascend's allied health portfolio and strengthens its diagnostic imaging training and continuing education offerings.
-
Linx Partners Acquires Clover Telecom from Clover Technologies Group
March 21, 2018
Telecommunications
Linx Partners has partnered with the management team of Clover Telecom to acquire Clover Telecom from Clover Technologies Group. Clover Telecom, based in the Dallas, Texas area, is a provider of telecom equipment distribution, testing/repair, out-of-warranty technical support and field services; financial terms were not disclosed.
-
Copley Equity Partners Completes Majority Investment in North Star Leasing
March 31, 2021
Financial Services
Copley Equity Partners has completed a majority investment in North Star Leasing, a Burlington, Vermont-based provider of equipment financing solutions. North Star Leasing CEO Daniel Feeney will remain in place; financial terms were not disclosed and Copley will be represented on the board to support the company's aggressive growth and consolidation strategy in the micro-ticket leasing market.
-
Cornerstone Capital Holdings Acquires N2 Imaging Systems from Collins Aerospace
February 15, 2019
Aerospace & Defense
Cornerstone Capital Holdings acquired N2 Imaging Systems from Collins Aerospace (a unit of United Technologies Corporation) in a divestiture announced February 15, 2019. The acquisition adds compact visible and infrared imaging system design and manufacturing capabilities to Cornerstone’s aerospace and defense portfolio to support military situational awareness and surveillance missions.
-
Peak Rock Capital Affiliate Acquires 626 Imaging Services
June 2, 2022
Healthcare Services
An affiliate of Peak Rock Capital completed the acquisition of 626 Holdings Equity, LLC (operating as 626 Imaging Services), a provider of medical imaging equipment maintenance services. Peak Rock will partner with the company's founders and management to support investments in sales, technology, footprint expansion and strategic acquisitions.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.