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L Squared Purchases Kroil Lubricant Maker Kano Labs Orange County Business Journal

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Kano Laboratories is the parent company of Kroil, a leading manufacturer of lubricants and greases for the construction, manufacturing, and industrial equipment industries.

The Acquisition: A Strategic Move for L Squared Capital Partners

L Squared Capital Partners, a private equity firm, has made a strategic move by acquiring Kano Laboratories, the parent company of Kroil lubricants.

L Squared’s Fund IV Acquires Kano, Expands Cloud-Based Identity Solutions Market Presence.

The Acquisition of Kano

L Squared’s Fund IV played a pivotal role in the acquisition of Kano, a leading provider of cloud-based identity and access management solutions. This strategic investment not only marked a significant milestone for L Squared but also underscored the growing demand for cloud-based identity solutions in the market.

Key Highlights of the Acquisition

  • Cloud-based identity solutions: Kano offers a comprehensive suite of cloud-based identity and access management solutions, enabling organizations to securely manage user identities and access across multiple platforms. Scalability and flexibility: Kano’s solutions are designed to scale with the needs of growing organizations, providing flexibility and adaptability in a rapidly changing market. Integration with existing systems: Kano’s solutions can be easily integrated with existing systems, ensuring seamless user authentication and access management. ## The Benefits of the Acquisition**
  • The Benefits of the Acquisition

    The acquisition of Kano by L Squared’s Fund IV has brought numerous benefits to both parties. For Kano, the investment has provided access to new resources and expertise, enabling the company to expand its offerings and improve its competitive position in the market.

    Benefits for Kano

  • Access to new markets: The investment has enabled Kano to expand its presence in new markets, increasing its customer base and revenue streams. Enhanced product offerings: The acquisition has provided Kano with access to new technologies and expertise, enabling the company to develop and offer more comprehensive solutions to its customers.

    Netrio to Acquire Assets of L Squared, Expanding National Presence and Service Offerings.

    L Squared has also appointed a new board of directors to oversee the combined entity.

    Acquiring the Assets of L Squared

    Netrio has announced its intention to acquire the assets of L Squared, a leading provider of IT services and cybersecurity solutions. The acquisition is part of Netrio’s strategic plan to expand its presence in the rapidly growing IT services and cybersecurity sectors. With this move, Netrio aims to strengthen its position in the market and capitalize on the increasing demand for IT services and cybersecurity solutions.

    Key Benefits of the Acquisition

  • National Reach: The acquisition of L Squared’s assets will give Netrio a nationwide presence, with offices in Dallas, Minneapolis, and Buffalo. Expanded Service Offerings: The combined entity will offer a broader range of IT services and cybersecurity solutions, enhancing Netrio’s value proposition to customers.

    Netrio provides cybersecurity and core services to protect and support businesses and individuals in the digital age.

  • “protection” is not necessary in the paraphrased version, as the cybersecurity aspect is still being addressed by Netrio. “application creation” is not necessary in the paraphrased version, as the core services are still being provided by Netrio.
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