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PennSpring Capital expands portfolio with 2 acquisitions

Lower-middle-market private equity firm PennSpring Capital LLC acquired Atlas Molding, a molded plastics supplier, and Swing Kingdom, a vinyl playground equipment manufacturer, for undisclosed terms May 21.

K&L Gates LLP acted as legal counsel to PennSpring Capital, and Barley Snyder LLP served as legal counsel to Atlas Molding and Swing Kingdom, according to a May 22 release.