NiTEO Products (Highlander Partners) Acquires Folex

December 4, 2025

NiTEO Products, a portfolio company of Highlander Partners, has acquired Folexport, Inc. (FOLEX), a Tualatin, Oregon-based maker of carpet, fabric and hard-surface cleaning products, from Barrett and Patty Lash. The deal expands NiTEO's household products portfolio and is supported by senior financing from Monroe Capital and mezzanine/equity from NMP Capital.

Buyers
NiTEO Products, Highlander Partners, Monroe Capital LLC, NMP Capital
Targets
Folexport, Inc. (FOLEX)
Sellers
Barrett Lash, Patty Lash
Platforms
NiTEO Products
Location
Oregon, United States
Transaction Type
Addon

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