Hanover Deals Handi Quilter
Hanover Partners, the West Coast private equity firm, has sold its Handi Quilter Inc. to a middle market private equity firm in New York. Specifics of the deal, as well as the buyer, were not publicized. Hanover is exiting its acquisition after buying it in 2008; Tuckerman Capital, and the private equity firm, generated a 2x gross cash on cash return and a 34% IRR.
15 November 2011•3 mins read
