M&A Deal Summary

Centre Lane Partners Acquires Hollander Sleep Products

On September 13, 2019, private equity firm Centre Lane Partners acquired consumer products company Hollander Sleep Products

Acquisition Highlights
  • This is Centre Lane Partners’ 3rd transaction in the Consumer Products sector.
  • This is Centre Lane Partners’ 14th transaction in the United States.
  • This is Centre Lane Partners’ 2nd transaction in Florida.

M&A Deal Summary
Date 2019-09-13
Target Hollander Sleep Products
Sector Consumer Products
Buyer(s) Centre Lane Partners
Deal Type Special Situations/Distressed

Target

Hollander Sleep Products

Boca Raton, Florida, United States
Hollander Sleep Products is a producer of sleep products, including high-quality synthetic and down (natural) filled pillows, comforters, mattress pads and other related bedding products.

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Buyer(S) 1

Buyer

Centre Lane Partners

Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

Centre Lane Partners is a private investment firm focused on making credit and equity, control and non-control, investments in North American middle-market companies. Centre Lane targets companies with revenues between $20 and $500 million that have leading market positions and sustainable competitive advantages in their respective niches. The Firm does not have any sector preferences and seeks to invest $5 to $250 million per transaction. Centre Lane Partners was formed in 2007 and is headquartered in New York City.

DEAL STATS #
Overall 15 of 17
Sector (Consumer Products) 3 of 3
Type (Special Situations/Distressed) 2 of 2
State (Florida) 2 of 2
Country (United States) 14 of 16
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-04 Merit Distribution

Spartanburg, South Carolina, United States

Merit Distribution is a full-line distributor of painting and flooring installation sundries. Merit, through its Lancaster and E.J. Welch brands, provides just-in-time delivery to retailers and installers of sundries, tools, and products used for painting and flooring installation. Merit Distribution is based in Spartanburg, South Carolina.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-19 Lenox

Bristol, Pennsylvania, United States

Lenox Corp. is a provider of high-quality tabletop, giftware, and collectible products sold under the Lenox brand as well as the Dansk, Gorham, and Department 56 brand names. Lenox was founded in 1889 and is based in Bristol, Pennsylvania.

Buy -
Mergr

Product

Company

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