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LOS ANGELES, CA–(Marketwired – May 16, 2016) – Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced today that is has partnered with management to complete the acquisition of Pacific Handy Cutter, Inc. (“PHC” or the “Company”). PHC is a recognized leader in the industrial safety market as a manufacturer of highly specialized cutting tools and replacement blades. PHC’s products are sold directly to major retailers, grocery store chains, food service companies and through industrial products distributors. The Company’s products are engineered to eliminate workplace injuries, reduce damaged merchandise and improve productivity.
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