Announced
Completed
Financials
Tags
Completed
Domestic
Private Equity
plant nutrition
Food Products
Acquisition
Single Bidder
animal nutrition
food ingredients
Majority
Private
United States
Friendly
Synopsis
MidOcean Partners, a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments, completed the acquisition of QualiTech, a global manufacturer of plant nutrition, animal nutrition and food ingredient products and services. Financial terms were not disclosed. "Joining forces with MidOcean marks a major milestone for QualiTech as we continue to strategically scale our products and services. The only thing more remarkable than the significant growth and success that QualiTech has experienced over the past several years is the opportunity that lies before us. We are confident that MidOcean’s significant industry knowledge in the food value chain, deep operational expertise, and track record of successfully growing food and ingredients businesses will help QualiTech accelerate our growth and build on the strong foundation we have established over the last 57 years," Mike Hodgens, QualiTech CEO.
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