Levine Leichtman Capital Partners Sells Pacific Handy Cutter
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LOS ANGELES, Dec. 17, 2020 /PRNewswire/ -- Levine Leichtman Capital Partners ("LLCP"), a Los Angeles-based private equity firm, announced today that it has sold its portfolio company Safety Products Holdings, LLC, the parent company of Pacific Handy Cutter ("PHC" or the "Company"), to Bertram Capital.
PHC is the leading supplier of specialized safety cutting tools and replacement blades to a diverse range of end markets. The Company is a recognized leader in the industrial safety market for standardizing the method of opening packaging and providing products that are engineered to eliminate workplace injuries, reduce damaged merchandise and improve employee productivity. PHC was founded in 1950 and is headquartered in Irvine, California.