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  • Clover Imaging Group’s Executive Leadership Team & Norwest Equity Partners Complete Acquisition of Clover Imaging Group from 4L Holdings Group

    Chicago, IL — Clover Imaging Group, the world’s largest collector and remanufacturer of printer cartridges, announced today 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.

    Clover Imaging Group Contact:

    Keli Posch
    keli.posch@cloverimaging.com
    480-773-3532

    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.

    Norwest Equity Partners Contact:

    Beth LaBreche
    beth@labreche.com
    612-578-2834