HKW’s Announces Acquisition of Infab Corporation
Supports growth of healthcare personal protective equipment provider
INDIANAPOLIS, April 8, 2020 – HKW, a middle-market private equity firm focused on growth-oriented companies; today completed the acquisition of Infab, LLC (“Infab”), based in Camarillo, CA.
Founded in 1977, Infab is a provider of personal protective equipment (PPE) for the healthcare industry, including x-ray shielding materials, aprons, glasses, barriers, gloves, and cleaners. Infab’s PPE products enable healthcare providers and patients to benefit from the diagnostic capabilities of imaging technology. In addition to x-ray shielding products, the Company has added medical gowns to its product offering.
“Infab is led by an experienced and deep management team with significant industry experience,” said John Carsello, Partner at HKW. “We believe this is an essential business providing critical products to healthcare professionals, and we’re excited to be part of the company’s plan for growth moving forward.”
“Partnering with HKW allows us to continue to improve our product and service offerings, and we expect that it will expand our reach in North America and beyond,” said Don Cusick, Executive Chairman Infab. “It is anticipated that this will give us an excellent opportunity to increase the competitive advantage we’ve worked hard to achieve.”
“We feel the market has an increasing need for testing and procedures requiring the use of PPE, and Infab is well-positioned in the industry in terms of market share and technology,” said Tom Shaw, Vice President at HKW. “The potential for expansion is right in line with HKW’s focus on growing companies in the health & wellness sector, and we’re excited about the future.”
HKW is a private equity firm investing in growth-oriented companies with talented management teams in the US and Canada. HKW targets small to mid-size companies in the Business Services and Health & Wellness sectors. Since 1982, HKW has sponsored 63 platform transactions of lower middle-market companies throughout North America, as well as 68 add-on acquisitions.