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Arsenal Capital Partners, a private equity firm, acquired Polytek Development Corp., a manufacturer of specialty polymers, from Morgenthaler Private Equity. Terms were not disclosed.
Bettcher Industries, Inc. announced a significant equity investment from Morgenthaler Private Equity as part of a recapitalization transaction on October 4, 2017. The investment provides Bettcher with capital for growth and strategic add-on acquisitions.