PE-backed foam product makers FXI and Innocor to merge

FXI, which is backed by One Rock Capital Partners LLC and Innocor, which is backed by Bain Capital Private Equity, have agreed to merge. Both companies are makers of polyurethane foam products. No financial terms were disclosed. Jefferies LLC is serving as M&A adviser to FXI while Latham & Watkins LLP is serving as legal counsel to FXI. And, Barclays Capital Inc. is serving as M&A adviser to Innocor with Ropes & Gray LLP providing legal counsel.

DealsNorth AmericaUSConsumer goodsRetailBriefs