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

Created: December 16th 2019

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Chicago, IL — 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.

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. For more information on Clover, please visit: www.cloverimaging.com.

Clover Imaging Group Contact:

Keli Posch
keli.posch@cloverimaging.com
480-773-3532

About Norwest Equity Partners

Norwest Equity Partners (NEP) is a leading middle market investment firm focused on partnering with business owners to build companies into industry leaders. With a reputation for quality investments and exceptional financial returns since 1961, NEP offers creative and flexible transaction solutions and believes in long-term relationships. With offices in Minneapolis and West Palm Beach, Florida, NEP focuses on equity investment opportunities for growing and profitable companies within agriculture, business services, consumer, distribution, diversified industrials, energy, and healthcare. For additional information about NEP, please visit www.nep.com.

Norwest Equity Partners Contact:

Beth LaBreche
beth@labreche.com
612-578-2834

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Clover Imaging extended yield remanufactured printer cartridges are designed, engineered, and manufactured to offer superior quality and performance, while surpassing the OEM’s highest page yields. Extended yield cartridges guarantee higher yields and lower cost-per-page without sacrificing density or print quality. Clover Imaging’s extended yield remanufactured printer cartridges are highly sustainable and have been GreenCircle certified as closed-loop products that contain at least 86% recycled content. For businesses looking for high-quality, sustainable printing at an affordable price, the choice is clear.

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Recycled Content Certified

GreenCircle is an independent, third-party ecolabel that recognizes an organization’s commitment to reuse materials to support a circular economy and reduce their reliance on virgin materials. Clover Imaging Group remanufactured toner cartridges are GreenCircle-certified to contain 86% recycled content and inkjet cartridges are certified at 99%.

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Low-Emissions Toner

Low-emission toners used by Clover Imaging Group have been pre-approved by Nordic Ecolabelling for use in Nordic Swan Ecolabel-certified remanufactured printer cartridges. These toners are specially formulated to ensure that applicable Nordic Swan Ecolabel requirements are met, including criteria placing strict limits on volatile organic compound emissions and prohibiting the presence of certain pollutants and other harmful substances.

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2022 Aspire Sustainability Comparative LCA, commissioned by Clover Imaging Group.

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