MicroCare (New Britain, CT) announced that Capital Partners, located in Norwalk, CT, completed a control investment in MicroCare, LLC in partnership with the company’s co-founder and senior management on May 28, 2020.
“We closed this investment in the midst of the COVID-19 crisis as the company has proven to be a strong, recession-resistant essential business, which should benefit from a growing global focus on cleanliness and increasing importance of telecom infrastructure,” said Sarah Paquet, vice president at Capital Partners.
MicroCare will continue to operate under the MicroCare, Sticklers and MicroCare Medical brands.
Tom Tattersall, former MicroCare COO, now assumes the role of MicroCare CEO. Tattersall commented, “The sale of MicroCare was a very lengthy process to ensure we found the right fit for our company, our employees and our customers. We are pleased that Capital Partners recognizes the strengths of the MicroCare business as well as its future potential.”
MicroCare, LLC is an ISO 9001:2015 registered company specializing in cleaning, coating and lubricating fluids used in the manufacture and installation of a broad range of products in the electronics, medical, fiber optic and metal finishing industries.
Tattersall added, “With Capital Partners' on-going support, we are well-positioned to continue our sustainable, profitable growth. With further investments in product development, technology and distribution infrastructure, we remain committed to delivering a broad range of critical cleaning solutions and the value-added technical expertise and lab-support our distributors and end-users have come to expect from us.”
Since 1983 MicroCare has pioneered hundreds of environmentally progressive and sustainable products in response to their customers’ evolving cleaning and coating needs.
“MicroCare is a leader in multiple, highly attractive industrial end-markets,” said Ed Tan, managing director of Capital Partners. “MicroCare is a perfect fit with our approach of partnering with great managers, and investing in a business with strong organic growth potential and attractive strategic acquisition opportunities.”
For more information, visit www.microcare.com.