COLORADO SPRINGS, CO — Private equity firm Kachi Partners has acquired stencil manufacturer Photo Stencil in a leveraged buyout transaction. Financial terms were not disclosed.
Fifth Third Bank in Denver and Mirus Capital Advisors of MA financed the acquisition.
"This transaction represents an important step in Photo Stencil's long-term growth strategy, which will ultimately include the introduction of new products and services, and geographic expansion that will help us to better serve our customers worldwide," said Bill Moerbe, president of Photo Stencil.
Photo Stencil is based in Colorado Springs and has operations in Mexico and Malaysia.