Levine Leichtman Buys Polyform Products

Los Angeles-based private equity firm Levine Leichtman Capital Partners said this week that it has acquired Polyform Products Company. Polyform is a developer, manufacturer, and marketer of polymer clay products--used by hobbyists and artists, and sold through such retailers as Michaels, Wal-Mart, Jo-Ann Fabrics, and others. Levine Leichtman operates the Levine Leichtman Capital Partners SBIC Fund, L.P., a $225 million private equity fund.