Pennsylvania private equity firm, creditor combine for $31.3 million Arandell bid

By
Arthur Thomas
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CPA:18 - Global acquired a 550,000-square-foot corporate headquarters and industrial printing facility in Menomonee Falls in 2016 (PRNewsFoto/CPA:18 -- Global)
Menomonee Falls-based Arandell Corp. has secured a $31.3 million stalking horse bid in its ongoing Chapter 11 bankruptcy case. The bid comes from Arandell Acquisition Co., an entity created by Pennsylvania-based private equity firm Saothair…

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Arthur Thomas
Arthur Thomas
Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He spent also five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

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