M&A Deal Summary

Goodbaby International Holdings Acquires Evenflo Company

On June 6, 2014, Goodbaby International Holdings acquired consumer products company Evenflo Company from Weston Presidio for 143M USD

Acquisition Highlights
  • This is Goodbaby International Holdings’ 1st transaction in the Consumer Products sector.
  • This is Goodbaby International Holdings’ largest (disclosed) transaction.
  • This is Goodbaby International Holdings’ 1st transaction in the United States.
  • This is Goodbaby International Holdings’ 1st transaction in Ohio.

M&A Deal Summary
Date 2014-06-06
Target Evenflo Company
Sector Consumer Products
Buyer(s) Goodbaby International Holdings
Sellers(s) Weston Presidio
Deal Type Add-on Acquisition
Deal Value 143M USD

Target

Evenflo Company

Piqua, Ohio, United States
website
Evenflo Company is a manufacturer and marketer of infant and juvenile products and is a top supplier of infant and juvenile products to key retailers such as Toys “R” Us, Babies “R” Us, Wal-Mart, Target, Buy Buy Baby and Kmart.

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Buyer(S) 1

Buyer

Goodbaby International Holdings

Kunshan, China

website

Category Company
Founded 1989
Sector Consumer Services
Employees8,188
Revenue 9.7B HKD (2021)
DESCRIPTION

Goodbaby International Holdings is an international durable juvenile products company headquartered in China. Goodbaby International Holdings was founded in 1989 and is based in Kunshan, China.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Weston Presidio

Boston, Massachusetts, United States

Investor Investor

website

Category Private Equity Firm
Founded 1991
PE ASSETS 3.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Weston Presidio is a private investment firm focused on providing growth capital to later stage companies. The Firm looks to commit $10 to $50 million per investment to support growth initiatives, recapitalizations, and management-led buyouts. Sectors of interest include consumer products/services, business services, manufacturing and industrial, media/publishing, healthcare and technology. The Firm prefers to act as the lead investor, but will consider investing in select non-control minority positions. Weston Presidio was formed in 1991 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 43 of 52
Sector (Consumer Products) 4 of 6
Type (Add-on Acquisition) 21 of 23
State (Ohio) 2 of 2
Country (United States) 41 of 49
Year (2014) 2 of 2
Size (of disclosed) 14 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-22 Robbins Brothers

Azusa, California, United States

Robbins Brothers operates retail jewelry stores in California, Texas, Washington, Arizona, and online, primarily in the bridal segment. The company provides extensive product education, exceptional quality and value and steadfast commitment to its customers. Robbins Brothers was founded in 1921 and is based in Azusa, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-04 Too Faced Cosmetics

Irvine, California, United States

Too Faced Cosmetics, Inc. is a manufacturer and supplier of cosmetics products and accessories for eyes, face and lips. Too Faced Cosmetics, Inc. was established in 1998 and is headquartered in Irvine, California.

Sell -
Mergr

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