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Solis: invests in companies with revenues between $15 million and $100 million

Solis: invests in companies with revenues between $15 million and $100 million

Solis Capital Partners of Newport Beach sold ML Kishigo Manufacturing Co. to Bunzl PLC. Terms of the transaction weren’t disclosed.

Santa Ana-based ML Kishigo, founded in 1971, makes industrial safety wear, including high-visibility and flame resistant vests, shirts, jackets, pants and rainwear. Its 2016 revenue was $34 million.

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Bunzl, based in London, provides distribution and outsourcing services in North America, Europe and elsewhere.

Solis Capital Partners, which was founded by Daniel Lubeck, is a private equity firm specializing in companies generating revenues of $15 million to $100 million, in the service, software and niche manufacturing sectors.

Intrepid Investment Bankers of Los Angeles served as the financial adviser to ML Kishigo on the sale.