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

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