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Management team, former CEO PJ Desai lead buyout
August 22, 2014
By: DAVID SAVASTANO
Editor, Ink World Magazine
Mark Andy Inc. announced that an investment group formed by P.J. Desai, Mark Andy’s former CEO and the current management team has completed the purchase of Mark Andy, Inc. from American Industrial Partners Capital Fund IV, L.P. (AIP). AIP will continue as a minority investor in Mark Andy along with Graycliff Partners, an independent investment firm focused on middle market investments. As a pioneer in the label printing equipment space, Mark Andy has led the industry with breakthroughs in fl...
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