Transaction Overview
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was acquired
Pressed Petals
Manufacturing
H.I.G. Capital has acquired Pressed Petals
About the Seller
Based in Richfield, Utah, Pressed Petals was founded in 1989 by Chet and Lenita Thompson. Pressed Petals offers unique, high-quality products to scrapbooking and papercrafting enthusiasts. Its products include high-quality embellishments with pressed flowers, chipboard, and metals.
About the Buyer
H.I.G. Capital, L.L.C. is a leading private equity and venture capital investment firm with more than $3 billion of equity capital under management. Based in Miami, and with offices in Atlanta, Boston, and San Francisco, H.I.G. specializes in providing capital to small and medium-sized companies with attractive growth potential. H.I.G. has extensive experience with financial restructurings and operational turnarounds. H.I.G. has completed in excess of 70 transactions. The firm currently has a controlling interest in more than 40 companies with combined revenues in excess of $5 billion.
28+
$1B+
Global
Related Transactions
IndustryPro has closed several hundred million dollars in transactions since our founding in 1991. See our successful transactions, totaling over $1 Billion in transaction value.
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