Diamond Wipes International, a specialist in the contract manufacturing of private label disposable moist towels and sample packets has secures an equity investment from Nolan Capital, the family office of Peter Nolan, the former Managing Partner and current Senior Advisor to Leonard Green & Partners.
"This investment by Nolan Capital will help Diamond Wipes solidify over 20 years of our leadership in the disposable wet wipe industry. With the investment we plan a significant expansion of our manufacturing capability in the United States, enabling us to service our existing customers better and grow with new clients," says Diamond Wipes CEO Eve Yen. "We look forward to our partnership with Peter and his family office."
"I look forward to working with Eve and her team on a board level," says Peter Nolan, Chairman of Nolan Capital. "She is truly a pioneer and a leader in this industry and it's my hope that Diamond Wipes' uninterrupted growth will continue under Eve's leadership."