Olympus wins WNA

Olympus Partners acquired Waddington North America Inc. (WNA), a maker of disposable tableware designed for upscale settings as well as plastic food containers.

Stamford-based Olympus Partners told the online trade publication peHUB it paid just over $100 million for Seven Mile Capital Partners’ and Norwest Equity Partners’ shares of WNA, with New York City-based Seven Mile inheriting its stake as part of its 2011 spinout from Citigroup with backing from AXA Private Equity.

Olympus Partners is in the process of structuring a leveraged buyout of Stamford-based Centerplate Inc., which operates concession stands and eateries at stadiums and convention centers.