CHICAGO — In one of the grooviest bits of financial news to emerge last week, Chicago private-equity firm Talon Merchant Capital disclosed that it has acquired the producer of the iconic 1960s fixture commonly known as the lava lamp.

Perhaps wanting to keep things mellow, Talon didn’t provide many details of its purchase of the operating and intellectual-property assets of Lava World International Inc.

But it did say it expects plenty of growth opportunities for Lava World, maker of the lamp which — with its psychedelically oozing crimson blobs — first burst into prominence during the flower power era.

The acquisition “is a revitalization opportunity,” Talon President and Chief Executive Seth Marks said.