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
- Industry
- Consumer Products
- Location
- Oregon, United States
- Transaction Type
- Addon
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