M&A Deal Summary

Centerbridge Partners Acquires KIK Custom Products

On August 27, 2015, asset manager Centerbridge Partners acquired consumer products company KIK Custom Products from CI Capital Partners

Acquisition Highlights
  • This is Centerbridge Partners’ 3rd transaction in the Consumer Products sector.
  • This is Centerbridge Partners’ 1st transaction in Canada.
  • This is Centerbridge Partners’ 1st transaction in Ontario.

M&A Deal Summary

Date 2015-08-27
Target KIK Custom Products
Sector Consumer Products
Buyer(s) Centerbridge Partners
Sellers(s) CI Capital Partners
Deal Type Secondary Buyout
Advisor(s) Morgan Stanley
Rothschild Global Advisory (Financial)
Paul, Weiss, Rifkind, Wharton & Garrison (Legal)

Target

KIK Custom Products

Concord, Ontario, Canada
KIK Custom Products develops and markets pool and spa treatment products and is one of North America's largest independent manufacturers of household and personal care products.

Search 201,839 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

Centerbridge Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 2005
PE ASSETS 38.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Centerbridge Partners is a mega-sized private equity firm focused primarily on distressed/special situations in North America and Europe. In addition to making control investments, Centerbridge also maintains funds for non-control credit investments. Centerbridge was formed in 2005 and is based in New York City.


DEAL STATS #
Overall 23 of 49
Sector (Consumer Products) 3 of 3
Type (Secondary Buyout) 14 of 28
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2015) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-01 KIK Consumer Products

Lawrenceville, Georgia, United States

KIK Consumer Products is an independent manufacturer in household products and a global leader in pool and spa treatment and automotive products. KIK Consumer Products was founded in 1993 and is based in Lawrenceville, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-31 American Renal Associates

Beverly, Massachusetts, United States

American Renal Associates is a developer, owner and operator of outpatient kidney dialysis facilities in partnership with nephrologists. American Renal Associates was founded in 1999 and is based in Beverly, Massachusetts.

Sell -

Seller(S) 1

SELLER

CI Capital Partners

New York, New York, United States

Investor Investor


Category Private Equity Firm
Founded 1993
Size Large
Type Sector Agnostic
DESCRIPTION

CI Capital Partners is a private equity investment firm specializing in leveraged buyouts of middle-market companies. CI Capital primarily targets investments in North America and looks to invest between $10 and $150 million of equity capital per transaction. The Firm concentrates on acquiring companies in stable industries with consolidation potential. CI has a particular interest in business services, consumer services, distribution, transportation, and healthcare Services. CI Capital Partners was founded in 1993 and is based in New York City.


DEAL STATS #
Overall 14 of 28
Sector (Consumer Products) 1 of 1
Type (Secondary Buyout) 6 of 15
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2015) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-01 KIK Consumer Products

Lawrenceville, Georgia, United States

KIK Consumer Products is an independent manufacturer in household products and a global leader in pool and spa treatment and automotive products. KIK Consumer Products was founded in 1993 and is based in Lawrenceville, Georgia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-21 Hero Digital

Chicago, Illinois, United States

Hero Digital is an independent customer experience company operating at the intersection of strategy, design, data, and technology, solving the critical digital transformation needs of the Fortune 1000. The company's purpose is to bring moments of Truth & Beauty into people's lives by creating customer experiences that are good for people and good for business. Its blended teams help Fortune 1000 companies like Comcast, U.S. Bank, Salesforce, Twitter, UnitedHealthcare, and TD Ameritrade Institutional invent, transform, and perform to deliver new business value. Hero Digital was formed in 2014 and is based in Chicago, Illinois.

Buy -