Mason Wells, a Milwaukee-based private equity firm, recently purchased Tolas Healthcare Packaging, a Pennsylvania-based manufacturer of healthcare packaging, as an add-on acquisition for Oliver Medical LLC, a Mason Wells portfolio company. Oliver Medical makes medical and food-related packaging and processing equipment, and has facilities in Grand Rapids, Mich., and Ventray, Netherlands. It also has a sales office in Suzhou, China.
Mason Wells manages more than $500 in institutional capital in several funds. For more, visit www.masonwells.com.