Banyan Acquires Textile Manufacturer

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    Banyan Capital Partners has acquired MIP Inc., a global manufacturer and distributor of high-performance textile and related products. David Arditi, CEO at MIP, and Aviyam Friedman, executive vice-president of operations at MIP, will carry on in their existing roles with the company. Co-founder David Schreiner will continue leading the company’s growth into South American markets.