Liebman Group, a Florida-based private equity firm, has acquired a majority stake in C-Slide (asi/43075), a Utah-based supplier that makes webcam covers and related tech products. Financial terms were not disclosed.
Liebman Group has partnered with C-Slide’s existing senior management team to recapitalize the business and provide additional funding to support growth, according to a press release. The existing management team will retain a significant minority ownership in C-Slide going forward.
“We’re pleased to be partnering with C-Slide’s talented leadership team,” said Scott Liebman, managing partner of Liebman Group. “C-Slide’s extensive market knowledge and strong network of relationships make it an ideal partner for us.”
C-Slide makes 14 patented products for a range of devices, including smartphones, tablets, laptops, desktop computer monitors and smart televisions. Liebman Group invests in middle market companies with revenues of $10 million to $100 million, bringing financial, operational, strategic and technological expertise to help them grow.