Clover Imaging Group, the world’s largest collector and remanufacturer of printer cartridges, announced on December 16th that Clover Imaging Group’s executive leadership team and Norwest Equity Partners, a leading middle market investment firm, have completed the acquisition of the Clover Imaging Group business unit from 4L Holdings Group.

Clover Imaging Group is now a separate and independent company. There are no shared financials, facilities, operations, or personnel with 4L Holdings Group or Clover Wireless. Financial terms of the transaction were not disclosed.

About Clover Imaging Group
Centered around sustainable innovation, Clover Imaging Group offers independent dealers, OEMs, and retailers a complete imaging and solutions platform. Clover’s broad array of products and services includes award-winning remanufactured printer cartridges and parts, a comprehensive suite of managed print and technology services, and unparalleled marketing and sales support. Far from its early beginnings as an ink and toner remanufacturer, Clover has evolved into a global enterprise backed by world-class engineering, manufacturing and distribution infrastructure. These expansive capabilities enable Clover to provide a level of partnership unmatched in the aftermarket imaging space. For more information on Clover, please visit: www.cloverimaging.com.

About Norwest Equity Partners
Norwest Equity Partners (NEP) is a leading middle market investment firm focused on partnering with business owners to build companies into industry leaders. With a reputation for quality investments and exceptional financial returns since 1961, NEP offers creative and flexible transaction solutions and believes in long-term relationships. With offices in Minneapolis and West Palm Beach, Florida, NEP focuses on equity investment opportunities for growing and profitable companies within agriculture, business services, consumer, distribution, diversified industrials, energy, and healthcare. For additional information about NEP, please visit www.nep.com.

Source: Clover Imaging