Monday, August 28, 2017

FlexXray Acquired By Private Equity Investor

Arlington, Texas-based FlexXray, a provider of x-ray food safety inspection services and equipment, has been acquired by private equity investor Levine Leichtman Capital partners, the companies announced this morning. Financial terms of the acquisition were not announced. FlexXray was founded in 2001. Levine Leichtman, based in Los Angeles, said it made the acquisition of its LLCP Lower Middle Market Fund. FlexXray's services are used by food manufacturers to identify and remove foreign contaminants from food.