Norwalk private equity firm Heartwood Partners LLC said it has sold its investment in MicroCare Holdings, a New Britain-based precision cleaning company. The buyer is Blue Sea Capital, a Florida-based private equity firm, according to an announcement. The deal’s financial terms were not disclosed. Microcare provides precision cleaning, coating and lubrication products for “mission-critical” applications […]
Norwalk private equity firm Heartwood Partners LLC said it has sold its investment in MicroCare Holdings, a New Britain-based precision cleaning company.
The buyer is Blue Sea Capital, a Florida-based private equity firm, according to an announcement.
The deal’s financial terms were not disclosed.
Microcare provides precision cleaning, coating and lubrication products for “mission-critical” applications demanding “perfectly clean” results, Heartwood said. The company serves customers in the healthcare, aerospace and defense, data center, electronics and other sectors. It operates in the U.S., Europe and Asia, and serves customers in more than 50 countries.
Heartwood Partners originally made a “control investment” in MicroCare in May 2020. Heartwood said it helped expand Microcare’s management team and invested in new product development, manufacturing capacity, automation and commercial infrastructure.
MicroCare also acquired Certol International in 2021 and Infection Control Technologies in 2023, expanding its product portfolio and presence in the healthcare infection prevention market.