AnaJet announces growth recapitalization. The company announced that its management has partnered with Chicago Growth Partners (CGP), a major private equity group, which led a growth capital investment of the company.
Dr. Chase Roh, AnaJet’s founder and president, commented: “AnaJet has rapidly grown in the last 4 years, and the financial sponsorship by CGP can facilitate our further accelerated growth in the coming years. Direct-to-Garment printers are emerging as the major force in the garment decoration industry, and now we are even better prepared to serve the industry.”
Dr. Roh will continue as Anajet’s chairman, and no material change is expected in the company’s operations.
Rob Healy, the Managing Partner of CGP, offered that “AnaJet specifically caught our attention as it is the best of the breed in a growing market, and its business model presents barriers to entry due to the company’s technology and method of doing business.”