CHINO, Calif., March 28, 2016 /PRNewswire/ -- Eve Yen, Founder and CEO of Diamond Wipes International, Inc. (www.diamondwipes.com) announces an equity investment by Nolan Capital, Inc. Nolan Capital is the family office of Peter Nolan, the former Managing Partner and current Senior Advisor to Leonard Green & Partners.
"This investment by Nolan Capital will help Diamond Wipes solidify over 20 years of our leadership in the disposable wet wipe industry. With the investment we plan a significant expansion of our manufacturing capability in the United States, enabling us to service our existing customers better and grow with new clients," says Eve Yen. "We look forward to our partnership with Peter and his family office."
"I look forward to working with Eve and her team on a board level," states Peter Nolan, Chairman of Nolan Capital. "She is truly a pioneer and a leader in this industry and it's my hope that Diamond Wipes' uninterrupted growth will continue under Eve's leadership."
Eve Yen continues in her role as CEO of Diamond Wipes and the company maintains its majority woman owned and operated status.
About Diamond Wipes International
Diamond Wipes International (www.diamondwipes.com) is a leading American wet wipe converter founded in 1994. Diamond Wipes specializes in contract manufacturing and private label of disposable moist towels and sample packets. Headquartered in Chino, California, the WBENC and WSOB-certified company operates its FDA and EPA-registered manufacturing facilities in Southern California and Bucyrus, Ohio.
About Nolan Capital
Nolan Capital, Inc. is a family office that focuses on making equity investments in leading growth companies. Based in Southern California, Nolan seeks to partner with exceptional management teams who share a common vision for future growth. We are patient investors who take a long term approach in providing strategic and financial support to help build sustainable shareholder value.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/diamond-wipes-international-announces-equity-investment-300241696.html
SOURCE Diamond Wipes International