Clover Imaging Group’s Executive Leadership Team and Norwest Equity Partners Complete Acquisition of Clover Imaging Group from 4L Holdings Group

Chicago (Dec. 16, 2019) — Clover Imaging Group, the world’s largest collector and remanufacturer of printer cartridges, announced today that Clover Imaging Group’s executive leadership team and Norwest Equity Partners, a leading middle-market investment firm, have completed the acquisition of the Clover Imaging Group business unit from 4L Holdings Group.

Clover Imaging Group is now a separate and independent company. There are no shared financials, facilities, operations, or personnel with 4L Holdings Group or Clover Wireless. Financial terms of the transaction were not disclosed.

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About Clover Imaging Group
Centered around sustainable innovation, Clover Imaging Group offers independent dealers, OEMs, and retailers a complete imaging and solutions platform. Clover’s broad array of products and services includes award-winning remanufactured printer cartridges and parts, a comprehensive suite of managed print and technology services, and unparalleled marketing and sales support. Far from its early beginnings as an ink and toner remanufacturer, Clover has evolved into a global enterprise backed by world-class engineering, manufacturing and distribution infrastructure. These expansive capabilities enable Clover to provide a level of partnership unmatched in the aftermarket imaging space.