Catterton Acquires MonoSol

Catterton Partners has acquired MonoSol LLC, a Merrillville, Ind.-based developer of water-soluble films, from The Bass Group. News of the deal was first reported by LBO Wire, which put the price tag in excess of $55 million. Bass rolled some equity over into the deal, while existing MonoSol lender LaSalle Bank arranged senior financing. www.cpequity.com www.monosol.com