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CorpAcq has acquired Nonwovenn, a fabric technology specialist based in South West, UK. The value was not disclosed.
CorpAcq, backed by TDR Capital, has acquired Nonwovenn, a nonwoven fabric-technology company based in Bridgwater, England, from growth investor BGF. The acquisition marks BGF's exit.
CorpAcq Group Limited, backed by TDR Capital, acquired a majority stake in Nonwovenn, a UK-based technical fabrics manufacturer. The deal delivered an 8.4x money multiple for BGF, which had backed Nonwovenn since 2016.