Caxton-Iseman Buys Conney Safety Products

Caxton-Iseman Capital has acquired Conney Safety Products LLC from K+K America Corp. for approximately $48 million. Founded in 1946, Conney is a Madison, Wis.-based marketer of personal protective equipment, safety equipment and first aid supplies. GMAC Commercial Finance and BlackRock Kelso Capital provided financing for the transaction, while K+K America was advised by Robert W. Baird & Co.