M&A Deal Summary

Jarden Acquires Yankee Candle

On September 3, 2013, Jarden acquired retailer Yankee Candle from Madison Dearborn Partners for 1.8B USD

Acquisition Highlights
  • This is Jarden’s 1st transaction in the Retail sector.
  • This is Jarden’s largest (disclosed) transaction.
  • This is Jarden’s 11th transaction in the United States.
  • This is Jarden’s 2nd transaction in Massachusetts.

M&A Deal Summary

Date 2013-09-03
Target Yankee Candle
Sector Retail
Buyer(s) Jarden
Sellers(s) Madison Dearborn Partners
Deal Type Add-on Acquisition
Deal Value 1.8B USD
Advisor(s) BofA Securities
Barclays Investment Bank (Financial)
Kirkland & Ellis (Legal)

Target

Yankee Candle

South Deerfield, Massachusetts, United States
website
Yankee Candle, is a manufacturer, wholesaler and retailer of premium scented candles.

Search 192,510 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Jarden

Boca Raton, Florida, United States

website


Category Company
Founded 1991
Sector Consumer Products
Employees33,000
Revenue 8.6B USD (2015)
DESCRIPTION
Jarden's corporate headquarters in Boca Raton, Florida.
Jarden's corporate headquarters in Boca Raton, Florida.

Jarden Corp. is a provider of a diverse range of consumer products with a portfolio of over 120 trusted, quality brands sold globally.


DEAL STATS #
Overall 15 of 18
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 15 of 18
State (Massachusetts) 2 of 2
Country (United States) 11 of 14
Year (2013) 2 of 2
Size (of disclosed) 1 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-09 Challenger International S.A.S

Colombes, France

Challenger International S.A.S. disrtibution of learning toys and childcare articles for children under age 1.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-29 Rexair

Troy, Michigan, United States

Rexair is a direct seller and manufacturer of premium vacuum cleaning systems for residential customers. The company’s principal product, the Rainbow® vacuum cleaner, is the world’s premier home cleaning system and is sold in countries around the globe through a broad network of third-party distributors. Rexair was formed in 1936 and is based in Troy, Michigan.

Buy -

Seller(S) 1

SELLER

Madison Dearborn Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1992
PE ASSETS 28.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Madison Dearborn Partners (MDP) is a large private equity firm that targets buyouts of private or publicly held companies, divestitures of larger companies, recapitalizations of family-owned or closely-held companies, acquisition-oriented financings, and financings to fund internal growth. MDP's target investment size is $100 to $600 million in buyout oriented transactions and $100 to $400 million in growth capital commitments. Areas of interest include basic industries (natural resources, chemicals, energy and power, automotive, building products, food, metals and mining, refining, paper, packaging and forest products, and general manufacturing), as well as communications, consumer products/services, financial services, and healthcare. Madison Dearborn Partners was formed in 1992 and is based in Chicago, Illinois.


DEAL STATS #
Overall 44 of 70
Sector (Retail) 5 of 5
Type (Add-on Acquisition) 15 of 31
State (Massachusetts) 1 of 2
Country (United States) 40 of 62
Year (2013) 3 of 3
Size (of disclosed) 9 of 26
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-08 Multi Packaging Solutions

New York, New York, United States

Multi Packaging Solutions, Inc. is a global provider of value-added packaging solutions to a diverse customer base across the healthcare, consumer and multi-media markets. MPS provides its customers with an extensive array of print-based specialty packaging solutions, including premium folding cartons, inserts, labels and rigid packaging across a variety of substrates and finishes. MPS has 59 manufacturing locations across North America, Europe and Asia and employs approximately 8,800 people.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-24 Ikaria

Clinton, New Jersey, United States

Ikaria is a critical care therapeutics company. Ikaria is based in Clinton, New Jersey.

Buy $1.6B