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PE firm Tower Arch Capital closes Kiinde recapitalization

Lower-middle-market private equity fund Tower Arch Capital finalized the recapitalization of White Plains, N.Y.-based Kiinde LLC, which develops infant and child feeding solutions.

Tower Arch partnered with Pear Orchard Partners and Kiinde's management team on the deal.

Choate Hall & Stewart LLP was Tower Arch's adviser in the transaction.