Sverica Buys Dexmet

Sverica International Management said Wednesday that it has acquired Dexmet Corp. Financial terms were not announced. Sverica said its third fund acquired Dexmet. Sverica International Fund III, and its parallel pool, Fund III-A, closed in 2008 with more than $272 million in committed capital. Wallingford, Conn.-Dexmet develops and makes highly engineered expanded foils and polymers used in a variety of end markets. Abacus Finance Group and Avante Mezzanine Partners provided financing for the deal.

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