has been acquired by

Business Description

etouches, Inc.("etouches"), headquartered in Norwalk, Connecticut, was acquired bythe private equity firm HGGC, headquartered in Palo Alto, California. CarterMorse & Mathias, based in Southport, CT served as etouches's financialadvisor for the transaction, which closed on May 9, 2017. The prior owners andsenior management have re-invested their equity for a substantial minoritystake in the business. Terms of the private transaction were not disclosed

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