Arsenal Capital Partners has agreed to acquire a majority stake in Velcro Companies from the Cripps Foundation, which owns the privately held British company, a longtime New Hampshire employer. Under the deal announced May 26, the Cripps Foundation will continue as a minority shareholder of the company, which opened its manufacturing center in Manchester nearly 70 years ago.
Continue Reading
Sign up for FREE to read the full article and access 129K+ alternative investment headlines.