New State Capital Partners Acquires AFIMAC Global Inc.
August 24, 2022
New State Capital Partners has acquired AFIMAC Global Inc., a provider of specialty business continuity solutions (staffing, security, logistics) in a carve-out from Dalton First Financial Inc. AFIMAC, headquartered near Cleveland, Ohio, will continue to be led by CEO Joe Schollaert as New State plans to grow the business organically and via add-on acquisitions to expand service lines and market share.
- Buyers
- New State Capital Partners
- Targets
- AFIMAC Global Inc.
- Sellers
- Dalton First Financial Inc.
- Industry
- Professional Services
- Location
- Ohio, United States
- Transaction Type
- Buyout
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