Phoenix-based private equity firm Grayhawk Legacy Partners, a division of Grayhawk Capital, has acquired the assets of TM, Inc., an Arizona-based temporary tattoo producer. Financial details were not disclosed.
TM produces custom and stock tattoos, tattoo-related products, stickers and other speciality printed products.
Peninsula Capital Partners provided the subordinated debt and acquired a minority equity stake.
Grayhawk Legacy Partners focuses on acquiring manufacturing, value-added distribution and services companies based in the Western US.
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Grayhawk Legacy acquires temporary tattoo, speciality printed products producer
