M&A Deal Summary

Alex Global Products Acquires POOF-Slinky

On May 28, 2013, Alex Global Products acquired consumer products company POOF-Slinky from Propel Equity and Quilvest Capital Partners

Acquisition Highlights
  • This is Alex Global Products’ 3rd transaction in the Consumer Products sector.
  • This is Alex Global Products’ 4th transaction in the United States.
  • This is Alex Global Products’ 1st transaction in Michigan.

M&A Deal Summary
Date 2013-05-28
Target POOF-Slinky
Sector Consumer Products
Buyer(s) Alex Global Products
Sellers(s) Propel Equity
Quilvest Capital Partners
Deal Type Merger

Target

POOF-Slinky

Canton, Michigan, United States
POOF-Slinky, Inc. is a brand offers variety of urethane foam sports balls, flying toys, water toys and activity toys for all ages.

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Buyer(S) 1

Buyer

Alex Global Products

Fairfield, New Jersey, United States
Category Company
Sector Consumer Products
DESCRIPTION

Alex Global Products is the home of the Alex Brands family including Alex Toys, Scientific Explorer, Poof, Ideal, ZOOB, and Backyard Safari. Alex Toys is recognized by generations of parents for quality robust products featured in a fun developmental preschool segment and fashion and beauty inspired tween line. The ideal is a classic brand dating back to 1903, setting the standard for toys and games for over 100 years. Poof with origins dated to the early 1980s is known for foam balls that are soft and safe along with other classic sports play. Alex Global Products is based in Fairfield, New Jersey.

DEAL STATS #
Overall 4 of 11
Sector (Consumer Products) 3 of 9
Type (Merger) 4 of 4
State (Michigan) 1 of 1
Country (United States) 4 of 11
Year (2013) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-28 Panline USA

Northvale, New Jersey, United States

Alex Toys is a developer of toys and children’s lifestyle product company that assist newborns through tweens with the process of creation through developmentally appropriate activities promoting self-expression, and physical, social and emotional developmental skills.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-12 ZOOB construction toy line/ Infinitoy

United States

ZOOB! is the moving, mind-building, modeling system that encourages kids to learn, explore, and create using the most important tool of all.

Buy -

Seller(S) 2

SELLER

Propel Equity

Greenwich, Connecticut, United States
Category Private Equity Firm
Founded 2012
Size Small
Type Sector Focused
DESCRIPTION

Propel Equity Partners is a private equity firm focused on branded consumer products companies headquartered in North America. Propel looks to partner with management and seeks to make control investments up to $50 million. Prospective transaction situations include buyouts, recapitalizations, and divestitures. Propel Equity was formed in 2012 and is based in Greenwich, Connecticut.

DEAL STATS #
Overall 4 of 5
Sector (Consumer Products) 4 of 5
Type (Merger) 3 of 3
State (Michigan) 1 of 1
Country (United States) 4 of 4
Year (2013) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-28 Fundex Games

Indianapolis, Indiana, United States

Fundex Games Ltd. is a manufacturer and marketer of leisure time products. It offers games including multiple award-winning What's in Ned's Head, and all-time classic Gnip Gnop.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-26 Janod

Orgelet, France

Janod is a developer and manufacturer of wooden toys. Janod offers baby and learning toys, musical toys, wooden puzzles, blackboards, role-play products, and outdoor products. Janod was founded in 1970 and is based in Orgelet, France.

Buy -
SELLER

Quilvest Capital Partners

Paris, France

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1972
PE ASSETS 6.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Quilvest Capital Partners is the private equity investment arm of asset management firm Quilvest. Quilvest Capital Partners invests in private equity and debt funds as well as makes direct investments. The direct investment group looks for opportunities in the US, Europe, and 'opportunistically' in Asia with a preference for buyout, growth capital, and venture transactions. Quilvest Capital Partners will consider both minority and majority positions. Quilvest Capital Partners was established in 1972 and is based Paris.

DEAL STATS #
Overall 30 of 68
Sector (Consumer Products) 2 of 3
Type (Merger) 1 of 1
State (Michigan) 1 of 1
Country (United States) 12 of 34
Year (2013) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-13 ThermaSys

Montgomery, Alabama, United States

ThermaSys Corp. is a manufacturer of low volume, short run, highly-engineered copper/brass and aluminum heat exchanger components and assemblies.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-31 Laboratoires Chemineau SA

Vouvray, France

Laboratoires Chemineau is an operator and manufacturer of pharmaceutical products.

Sell -
Mergr

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