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Midocean Partners Acquires Qualitech, A Leading Provider Of Innovative Food Ingredient, Animal Nutrition And Plant Nutrition Solutions

PRIVATEJun 07, 2023

Acquiring Company

MidOcean Partners

Acquired Company

QualiTech

ChaskaAgriculture and FarmingHealth CareFood And BeverageDietary SupplementsNutrition

Description

MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments, today announced that it has acquired QualiTech, a renowned, family-owned global manufacturer of plant nutrition, animal nutrition and food ingredient products and services. The transaction, which transfers ownership of the company to MidOcean from the Ploen family, is designed to pave the way for new investment to expand capabilities and capacity, and to drive new levels of growth. Terms of the transaction were not disclosed.

Quick answer

MidOcean Partners is acquiring QualiTech, announced June 7, 2023.

How much did MidOcean Partners pay for QualiTech?
The deal value was not disclosed.
What does MidOcean Partners do?
MidOcean Partners is a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments.
Where are MidOcean Partners and QualiTech based?
QualiTech is based in Chaska, Minnesota, United States.
Who are the decision-makers at MidOcean Partners?
Fundz holds 3 contacts at MidOcean Partners. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

MidOcean Partners

About

MidOcean Partners is a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments. Since its inception in 2003, MidOcean Private Equity has targeted investments in high-quality middle-market companies in the consumer and business services sectors. MidOcean Credit Partners was launched in 2009 and manages a series of alternative credit strategies, collateralized loan obligations (CLOs), and customized separately managed accounts.

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Frequently asked

Who acquired QualiTech?

QualiTech was acquired by MidOcean Partners. The deal was reported on June 7, 2023. MidOcean Partners is a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments. MidOcean Partners is privately held.

When did MidOcean Partners acquire QualiTech?

MidOcean Partners's acquisition of QualiTech was reported on June 7, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does QualiTech do?

QualiTech, LLC is a company specializing in innovative solutions and longstanding commitment to quality, technology and service, establishing the Company as a leading ingredient supplier across the food, animal nutrition, and agronomy markets. It is privately held, operating in Agriculture and Farming, and is based in Chaska.

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