M&A Deal Summary

Hospeco Brands Group Acquires Safety Zone

On July 23, 2024, Hospeco Brands Group acquired distribution company Safety Zone

Acquisition Highlights
  • This is Hospeco Brands Group’s 1st transaction in the Distribution sector.
  • This is Hospeco Brands Group’s 2nd transaction in the United States.
  • This is Hospeco Brands Group’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2024-07-23
Target Safety Zone
Sector Distribution
Buyer(s) Hospeco Brands Group
Deal Type Special Situations/Distressed

Target

Safety Zone

Guilford, Connecticut, United States
Safety Zone is a virtual manufacturer of branded and private-label personal protective equipment and janitorial, safety, hygiene, and sanitation products. Through its Safety Zone and Impact Products divisions, the Company serves a diversified customer base, including janitorial and sanitation supply distributors, safety products resellers, food service and food processing distributors, and retailers. Safety Zone was founded in 1973 and is based in Guilford, Connecticut.

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Buyer(S) 1

Buyer

Hospeco Brands Group

Cleveland, Ohio, United States
Category Company
Sector Manufacturing
DESCRIPTION

Hospeco Brands Group is a full-line manufacturer of cleaning and protection products to serve the janitorial, industrial supply, food service, healthcare, and hospitality markets. The company comprises Acute Care Pharmaceutical, Adenna, HOSPECO, Nilodor, High-Tech Conversions, and other popular brands, make products that protect, sanitize, clean, and provide care and comfort to millions around the globe. Solutions for and barriers against germs, bacteria, and harmful substances are vital weapons in the battle for public health and safety. Its products make workplaces, businesses, schools, and other public facilities safer and more comfortable through categories such as personal protective equipment (PPE), cleaning equipment and supplies, facility and floor care, odor control, restroom comfort, and menstrual care. Hospeco Brands Group is based in Cleveland, Ohio.

DEAL STATS #
Overall 3 of 3
Sector (Distribution) 1 of 1
Type (Special Situations/Distressed) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 2 of 2
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-25 Nuance Solutions

Burlington, Massachusetts, United States

Nuance Solutions is a provider of speech and imaging solutions for businesses and consumers around the world. Nuance technologies, applications and services enable users calling directory assistance, getting account information, dictating patient records, telling a navigation system their destination, or digitally reproducing documents that can be shared and searched. Nuance Solutions was formed in 1992 and is based in Burlington, Massachusetts.

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