Brandito's deal in Fairfield, Ohio, is the latest in a recent streak of acquisitions by Richmond-based companies that are deploying new private equity pools.
Another Richmond-based company is putting its newly acquired private equity backing to use. The latest is Brandito, which sells branded promotional merchandise.
“We’re in an industry that isn’t necessarily sexy, but it should be fun. It should have some sophistication that comes with it," said founder and CEO Michael Lovern.
MSP Acquires Brandito themiddlemarket.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themiddlemarket.com Daily Mail and Mail on Sunday newspapers.