M&A Deal Summary

KIK Custom Products Acquires Lavo

On July 6, 2017, KIK Custom Products acquired consumer products company Lavo from Swander Pace Capital

Acquisition Highlights
  • This is KIK Custom Products’ 1st transaction in the Consumer Products sector.
  • This is KIK Custom Products’ 1st transaction in Canada.
  • This is KIK Custom Products’ 1st transaction in Quebec.

M&A Deal Summary

Date 2017-07-06
Target Lavo
Sector Consumer Products
Buyer(s) KIK Custom Products
Sellers(s) Swander Pace Capital
Deal Type Add-on Acquisition
Advisor(s) CG Sawaya Partners (Financial)
Stikeman Elliott (Legal)

Target

Lavo

Montreal, Quebec, Canada
Lavo, Inc. is an independent manufacturer and marketer of laundry and cleaning products in Canada. Lavo distributes and markets under owned brands La Parisienne, Hertel, Springtime, Old Dutch, Arctic Power, and ABC. These brands carry a strong reputation among Canadian consumers, and are sold in grocery stores, pharmacies, mass retailers, and warehouse clubs. Lavo is also a leading private label laundry product supplier, and markets bulk bleach to the industrial sector.

Search 201,429 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

KIK Custom Products

Concord, Ontario, Canada

Category Company
Founded 1995
Sector Consumer Products
Employees3,600
DESCRIPTION

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.


DEAL STATS #
Overall 3 of 3
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-02 Consumer Products Segment

United States

Consumer Products business (Chemtura) has a dedicated manufacturing plants in the U.S. and South Africa.

Buy $300M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-01 KIK Personal Care

Concord, Ontario, Canada

KIK Personal Care is a North American manufacturing partner and formulator for personal care, prestige beauty, over-the-counter and household products serving global consumer product companies and fast-growing asset-light brand owners, and a supplier of personal care guest amenities to the North American hotel industry.

Sell -

Seller(S) 1

SELLER

Swander Pace Capital

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1996
PE ASSETS 1.8B USD
Size Large
Type Sector Focused
DESCRIPTION

Swander Pace Capital (SPC) is a private equity firm focused on investing in North American middle-market consumer products companies. SPC looks for companies exhibiting strong growth potential and sales of up to $500 million. Specific areas of interest include food/beverage, household products, health living, packaging, personal care, pet products, sporting goods, specialty apparel, and specialty distribution. Prospective investment situations include management-led buyouts, consolidations, divestitures, turnarounds, recapitalizations, and growth capital financings. SPC was formed in 1996 and has offices in San Francisco, California; Bedminster, New Jersey; and Ontario, Canada.


DEAL STATS #
Overall 32 of 42
Sector (Consumer Products) 11 of 13
Type (Add-on Acquisition) 20 of 25
State (Quebec) 2 of 3
Country (Canada) 4 of 7
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-24 Kicking Horse Coffee

Invermere, British Columbia, Canada

Kicking Horse Coffee Co. Ltd. is an organic and fair-trade coffee roaster in Canada in the retail channel. Kicking Horse Coffee Co. Ltd. was founded in 1996 and is based in Invermere, Canada.

Sell CA$215M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-18 J.R. Watkins

Oakland, California, United States

J.R. Watkins is a developer and marketer of natural personal and home care products sold through retailers across North America. Products include natural personal care and home care products made with naturally-derived, non-toxic ingredients and essential oils. J.R. Watkins is based in Oakland, California.

Buy -