Polyform, a developer, manufacturer and marketer of polymer clay products, has been acquired by Levine Leichtman Capital Partners. Polyform's product line includes the Sculpey and Premo! oven-bake clay brands, and the company primarily supplies the arts and crafts industry through over 6,200 retail locations. The acquisition represents the fourth investment from Levine Leichtman's $225 million SBIC vehicle. Senior debt financing was provided by Madison Capital Funding.