Odyssey-backed Duravant buys Hamer

Hanover Partners and Tuckerman Capital said Thursday they have sold Hamer LLC. Financial terms weren’t announced. Durvant, a portfolio company of Odyssey Investment Partners LLC, is the buyer. Plymouth, Minnesota-based Hamer provides packaging equipment solutions. Hanover and Tuckerman bought Hamer in 2001; the sale generated net returns of 7.2 times cash-on-cash and a 39 percent IRR.

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