Arsenal Capital closes purchase of foam assets from Hickory Springs
Arsenal Capital Partners, the New York private equity firm focused on middle-market specialty industrial and healthcare companies, closed the acquisition of certain foam production assets from Hickory Springs Manufacturing Co. Terms weren’t disclosed. HSM will become a subsidiary of Elite Comfort Solutions, a specialty foam platform Arsenal created in 2016. HSM, Conover, North Carolina, produces flexible polyurethane foam for application in furniture, bedding, medical uses and packaging.
18 April 2016•1 min read
