|
Deal Summary
McColl Partners, LLC served as exclusive financial advisor to ChemPro, Inc. (“ChemPro”), a leading manufacturer of heavy-duty branded and private label household cleaning products, in its merger with Redox Brands, Inc. (“Redox”), a portfolio company of Allied Capital Corp. (“Allied Capital”). Lorin DeMordaunt and
John Fennebresque led McColl Partners’ execution of the transaction and were supported by Justin Cunningham, Jessica Somers, and Aarti Maheshwari.
The ChemPro-Redox combination highlights an increasingly prevalent scenario in which private equity groups are actively seeking strategic mergers and acquisitions for their portfolio companies. ChemPro provides Redox a broadened portfolio of nationally recognized branded consumer cleaning products, a strong presence in the country’s leading value channel retailers, and proven manufacturing capabilities. With a continued ownership in the new company, ChemPro’s current management will assist Redox in making the transition from a marketer of consumer products to a fully integrated consumer products platform.
|
|
|
About ChemPro, Inc.
Headquartered in Spartanburg, South Carolina, ChemPro manufactures heavy-duty branded and private label household cleaning products for consumption nationwide. ChemPro’s flagship brands, including Mean Green®, Pine Power®, and Magnum Power®, are sold to national merchandisers such as Dollar General, Family Dollar, and Wal-Mart, as well as other outlets, including grocery chains.
About Redox Brands, Inc.
Headquartered in West Chester, Ohio, Redox Brands, Inc. was formed in May 2000 to acquire and develop brand name consumer cleaning products. Prior to the merger with ChemPro, Redox’s brand portfolio included Oxydol® and Biz®.
About Allied Capital Corp.
Allied Capital is a private equity investor with a portfolio composed primarily of debt and equity investments in middle-market companies. Listed on the New York Stock Exchange under the symbol ALD, Allied Capital offers its investors the opportunity to participate in the U.S. private equity industry through an investment in the company's publicly traded stock.
About McColl Partners
McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies. With significant experience working with private equity groups, entrepreneurs, family-owned businesses, public companies, and divisions of larger companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.
To learn more about our expertise in the consumer products industry, please contact Lorin DeMordaunt or John Fennebresque at 704-333-0525. More information about McColl Partners can be found at www.mccollpartners.com. |
