Target Acquiror Acquisition Synopsis Sleep LLC. …...LTM Gross Margin LTM EBITDA Margin 0.5x 2.5x...
Transcript of Target Acquiror Acquisition Synopsis Sleep LLC. …...LTM Gross Margin LTM EBITDA Margin 0.5x 2.5x...
Target Acquiror Acquisition SynopsisGift & Home Décor
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DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
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Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
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Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
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Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
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Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
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Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Target Acquiror Acquisition SynopsisGift & Home Décor
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Pleasant Mattress, a manufacturer and retailer of branded sleep products, has aquired 119 year-old McRoskey Mattress Co., a San Francisco based manufacturer of high-end mattresses McRoskey will join Pleasant Mattress' portfolio of brands that includes Chattam & Wells, MAXX, Spring Air and Eclipse International
Food & Beverage The Coffee Business of
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Luigi Lavazza SpA agreed to acquire the coffee business of Mars Inc., including Flavia single-serve and Klix vending systems, for approximately $650 millionFlavia and Klix are two leading brands in office coffee service, and this purchase marks Lavazza's decision to pursue growth in avenues outside of the home; the transaction represents a multiple of 1.9x 2017 revenue
Apparel & Accessories
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DSW and Authentic Brands Group have annouced the acquisition of Camuto Group best known for the Vince Camuto brand and the footwear licenses of Jessica Simpson and Lucky Brand, for $375 millionDSW will contribute $56 million to acquire a 40% stake in the intellectual property and Authentic Brands will take the remaining 60%. DSW will also contribute $200 million to acquire Camuto Group's global production, sourcing and design infrastructure
Recreational Products
France
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The French subsidiary of Toys "R" Us was acquired out of receivership proceedings by Jellej Jouets, a group formed by Cyrus Capital Partners (a creditor to the US parent) in partnership with PicWic, a 25 store French toy retailer The €120 million takeover price includes a €70 million line of credit to secure Christmas inventory and invest in store renovations and digital technology; the acquirers intend to merge the 44 acquired stores with PicWic under a unified brand
Personal Care▪
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Johnson and Johnson launched a tender offer to acquire Ci:z Holdings Co., a Japanese developer and distributor of cosmetic and skincare products, for $1.37 billion, representing a revenue multiple of 5.2x and an EBITDA multiple of 25.6xThe acquisition will include the Company's range of brands including Dr.Ci:Labo, Labo Labo, and Genomer and is expected to strengthen J&J's market presence in Japan
Home, Garden & Pet▪
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Radio Systems Corporation, a global leader in pet containment and lifestyle products including PetSafe, the Invisible Fence Brand, and SportDog, has acquired Motivation Design (d/b/a Kurgo), a developer and manufacturer of travel and active dog productsThe Kurgo acquisition will enable Radio Systems to expand their product lines beyond the home and enter the active lifestyle pet goods market
Enterprise Value / LTM EBITDA
Enterprise Value / LTM EBITDA
LTM Revenue Growth
Enterprise Value / LTM Revenue
Consumer Headline Transactions
3.2%4.9%
6.4%
1.8%
9.4%8.1%
—
3.0%
6.0%
9.0%
12.0%
15.0%
Gift & HomeDécor
Food &Beverage
Apparel &Accessories
RecreationalProducts
PersonalCare
Home, Garden& Pet
LTM
Rev
enue
Gro
wth
Note: EBITDA Margins in green
36.7% 39.2%48.2%
35.0%
57.3%
35.4%
8.5%18.3%
12.2% 11.0%17.3% 14.1%
—
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
—
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
Gift & HomeDécor
Food &Beverage
Apparel &Accessories
RecreationalProducts
Personal Care Home,Garden & Pet
LTM EBITDA M
arginLTM
Gro
ss M
argin
0.5x
2.5x
1.4x 1.2x
2.5x
1.7x
—
1.0x
2.0x
3.0x
Gift & HomeDécor
Food &Beverage
Apparel &Accessories
RecreationalProducts
PersonalCare
Home, Garden& Pet
EV /
LTM
Rev
enue
7.2x
15.1x
9.8x 9.9x
13.2x 10.7x
—
5.0x
10.0x
15.0x
20.0x
Gift & HomeDécor
Food &Beverage
Apparel &Accessories
RecreationalProducts
PersonalCare
Home, Garden& Pet
EV /
LTM
EBI
TDA
Consumer & Retail Monthly November 2018
Target Acquiror Acquisition SynopsisGift & Home Décor
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DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
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Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
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Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
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Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
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Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
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Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Target Acquiror Acquisition SynopsisGift & Home Décor
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DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
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Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
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Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
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Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
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Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
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Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Target Acquiror Acquisition SynopsisGift & Home Décor
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DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
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Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
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Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
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Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
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Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Target Acquiror Acquisition SynopsisGift & Home Décor
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DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
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Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
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Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
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Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
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Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Target Acquiror Acquisition SynopsisGift & Home Décor
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DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
▪
Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
▪
▪
Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
▪
▪
Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
▪
Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Target Acquiror Acquisition SynopsisGift & Home Décor
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DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
▪
Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
▪
▪
Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
▪
▪
Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
▪
Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Target Acquiror Acquisition SynopsisGift & Home Décor
▪
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DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
▪
Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
▪
▪
Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
▪
▪
Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
▪
Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Target Acquiror Acquisition SynopsisGift & Home Décor
▪
▪
DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
▪
Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
▪
▪
Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
▪
▪
Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
▪
Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Target Acquiror Acquisition SynopsisGift & Home Décor
▪
▪
DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
▪
Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
▪
▪
Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
▪
▪
Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
▪
Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Target Acquiror Acquisition SynopsisGift & Home Décor
▪
▪
DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
▪
Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
▪
▪
Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
▪
▪
Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
▪
Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Target Acquiror Acquisition SynopsisGift & Home Décor
▪
▪
DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
▪
Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
▪
▪
Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
▪
▪
Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
▪
Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Target Acquiror Acquisition SynopsisGift & Home Décor
▪
▪
DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
▪
Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
▪
▪
Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
▪
▪
Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
▪
Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Target Acquiror Acquisition SynopsisGift & Home Décor
▪
▪
DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
▪
Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
▪
▪
Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
▪
▪
Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
▪
Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
TargetAcquirorAcquisition SynopsisGift & Home Décor
▪
▪
DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
▪
Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
▪
▪
Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
▪
▪
Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
▪
Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Target Acquiror Acquisition SynopsisGift & Home Décor
▪
▪
DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
▪
Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
▪
▪
Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
▪
▪
Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
▪
Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Target Acquiror Acquisition SynopsisGift & Home Décor
▪
▪
DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
▪
Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
▪
▪
Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
▪
▪
Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
▪
Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
TargetAcquirorAcquisition SynopsisGift & Home Décor
▪
▪
DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
▪
Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
▪
▪
Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
▪
▪
Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
▪
Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
TargetAcquirorAcquisition SynopsisGift & Home Décor
▪
▪
DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
▪
Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
▪
▪
Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
▪
▪
Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
▪
Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
TargetAcquirorAcquisition SynopsisGift & Home Décor
▪
▪
DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
▪
Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
▪
▪
Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
▪
▪
Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
▪
Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Target Acquiror Acquisition SynopsisGift & Home Décor
▪
▪
DreamCloud Holdings, the fastest growing player in the online mattress industry, announced an agreement to acquire science-based bedding product company, Level Sleep LLC. TM Capital previously served as financial advisor to DreamCloud Holdings (d/b/a Nectar Sleep) in completing a growth equity and strategic partnership transaction
Food & Beverage
US Baking Business of The J.M. Smucker Company
▪
▪
Brynwood Partners acquired the U.S. Baking Business of The J.M. Smucker Company (NYSE: SJM) for $375 million, representing a revenue multiple of 1.0x Brands acquired include Pillsbury® baking mix as well as other center aisle labels such as Hungry Jack® pancake mix, White Lily® and Martha White® baking products, and Jim Dandy® quick grits
Apparel & Accessories
▪
▪
Delta Galil Industries Ltd., a manufacturer and marketer of private label apparel products, acquired Eminence SAS and its subsidiaries for $148 millionAcquired brands include Eminence, the second largest men's underwear brand in France, ATHENA, a French women's underwear brand, and Liabel, an Italian mass-market underwear and t-shirt brand
Recreational Products
▪
▪
Groupe Bénéteau, an international designer and manufacturer of boats and mobile homes, has purchased a 60% stake in the Slovenian performance sailing yacht company Seascape d.o.oThis transaction will extend Bénéteau into the small sailing yacht category, targeting novice sailers and younger enthusiasts with affordable, transportable cruisers
Personal Care▪
▪
Johnson & Johnson has entered an agreement to acquire Zarbee's Inc., a leader in naturally-based healthcare products The acquisition will include the full line of Zarbee's Naturals products for children and adults and is anticipated to help Johnson & Johnson bolster sales in their consumer-health division with an on-trend clean-label offering
Home, Garden & Pet▪
▪
Outward Hound, a designer and developer of pet toys owned by JW Childs, acquired Wholesome Pride Pet Treats, a producer of 100% all natural pet treats founded in 2013Wholesome Pride will become a new treat division within Outward Hound's pet products platform
Selected TM Capital Consumer Experience TM Capital’s Consumer Industry Contacts
Home, Garden & Pet
Recreational Products
Food & Beverage
Personal Care
Apparel & Accessories
Gift & Home Decor
LTM Stock Price Index
80%
90%
100%
110%
120%
130%
Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18
Sha
re P
rice
Inde
x
Food & Beverage95%
Gift & Home Décor95%
Personal care102%
S&P 500105%
Recreational Products97%
Home, Garden and Pet 87%
Apparel & Accessories121%
David M. Felts
Managing Director [email protected]
404-995-6252
Craig M. Gibson
Managing Director [email protected]
617-259-2204
James S. Grien
Managing Director [email protected]
404-995-6235
Target Acquiror Transaction DescriptionVionic Group, LLC Caleres, Inc. (NYSE:
CAL)Caleres (NYSE: CAL), a diverse portfolio of global footwear brands, including Allen Edmonds and Same Edelman has announced its acquisition of Vionic Group, a disruptive manufacturer of footwear and foot care products, for $360 million
ELOQUII Design, Inc.
Walmart, Inc. (NYSE: WMT)
Walmart (NYSE: WMT) has announced its plans to acquire ELOQUII Design, a direct-to-consumer fashion startup focused on apparel specifically designed for women size 14 and up , for $100 million
Target Acquiror Transaction DescriptionGolf Town Limited Sporting Life, Inc. Fairfax Financial Holdings has announced plans to merge two of
its portfolio companies, Sporting Life Inc. and Golf Town Ltd.; both retailers will continue to operate separately but will make joint technology, staffing and supply chain investments
ABCya.com IXL Learning IXL Learning, a K-12 personalized learning platform, has announced the acquisition of ABCya.com, creator of more than 400 educational computer games and applications for children
Target Acquiror Transaction DescriptionParfums Caron S.A.S
Cattleya France Parfums Caron, a France-based manufacturer and marketer of perfumes, was sold to Luxembourg-based private equity firm Cattleya Finance in a corporate divestiture from Alés Groupe, the French cosmetics and fragrance company
Kiss My Face, LLC Aliph Brands Diversified consumer brand management company, Aligh Brands, has completed the acquisition of Kiss My Face, LLC, a natural personal care brand with a portfolio of products including olive oil, argan oil, and various lotions
Target Acquiror Transaction DescriptionTarget Acquiror Transaction DescriptionPlanet Dog, Inc.® Outward Hound® Outward Hound, portfolio company of J.W. Childs Associates, has
continued its acquisition strategy with the purchase of Planet Dog®, producer of Made-in-USA Orbee durable toys, plush and travel dog products
Bonide Products Inc. Control Solutions Inc.
Control Solutions Inc., a provider of solutions to the Pest Control, Turf & Ornamental and Animal Health Care markets has announced the acquisition of Bonide Products, a provider of pest-control solutions to the consumer Home & Garden market
Target Acquiror Transaction DescriptionHealth Warrior, Inc. PepsiCo, Inc.
(NasdaqGS: PEP)PepsiCo has completed the acquisition of Health Warrior, a producer of nutrient-dense, non-GMO and gluten-free plant-based products including nutrition bars, mug muffins and protein powder
SlimFast and Health and Nutrition Systems
Glanbia plc (ISE: GL9)
Glanbia plc, a global nutrition company, has agreed to acquire SlimFast and Health and Nutrition Systems from Kainos Capital for $350 million, representing a 2017 revenue multiple of 1.7x and a 2017 EBITDA multiple of 14.6x
Selected Consumer Transactions
Target Acquiror Transaction DescriptionMcNeilly Furniture Ison Furniture, LLC McNeilly, a North Carolina-based producer of leather upholstery
has been acquired by Ison Furniture, an operator of furniture stores based out of Thomasville, North Carolina
White Hinge Limited Dee Set Logistics Limited
Retail distribution group Dee Set Logistics has acquired White Hinge Limited, an e-commerce distributor of a range of household products including hardware, tools, stationery, homeware and car accessories
Philip S. Krieger
Managing Director [email protected]
404-995-6242
Kevin Atchue
Vice President [email protected]
617-259-2209
tmcapital.com
ATLANTA BOSTON NEW YORK