M&A Deal Summary

Kohlberg & Company Acquires K2-MDV

On May 26, 2017, private equity firm Kohlberg & Company acquired consumer products company K2-MDV from Newell Brands for 240M USD

Acquisition Highlights
  • This is Kohlberg & Company’s 6th transaction in the Consumer Products sector.
  • This is Kohlberg & Company’s 4th largest (disclosed) transaction.
  • This is Kohlberg & Company’s 54th transaction in the United States.
  • This is Kohlberg & Company’s 1st transaction in Washington.

M&A Deal Summary

Date 2017-05-26
Target K2-MDV
Sector Consumer Products
Buyer(s) Kohlberg & Company
Sellers(s) Newell Brands
Deal Type Divestiture
Deal Value 240M USD

Target

K2-MDV

Seattle, Washington, United States
K2-MDV consists of two iconic winter sports brand families, K2 Sports (K2) and Marker Dalbello Völkl (MDV), who develop, manufacture, and distribute a broad range of skis, snowboards, bindings, skates, snowshoes, and safety products through the brands of Völkl®, K2®, Marker®, Dalbello®, Madshus®, Line®, Full Tilt®, Atlas®, Tubbs®, Ride® and BCA®. K2 and MDV are world renowned as leaders in design, production and sales and marketing, and their products are used by enthusiasts across multiple generations and winter sports disciplines worldwide.

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

Kohlberg & Company

Mount Kisco, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 11.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Kohlberg & Company is a private equity firm which acquires middle-market companies with consistent cash flow, and underperforming companies with operational deficiencies. Kohlberg looks to commit $100 to $500 million of equity capital in opportunities valued from $200 million to $2 billion. Kohlberg generally looks for opportunities in the manufacturing and service sectors, however the Firm will also selectively consider businesses in food and healthcare. Kohlberg tends not to consider technology or communications companies. Kohlberg & Company was formed in 1987 and has offices in Mt. Kisco, New York.


DEAL STATS #
Overall 55 of 79
Sector (Consumer Products) 6 of 6
Type (Divestiture) 9 of 10
State (Washington) 1 of 1
Country (United States) 54 of 77
Year (2017) 2 of 5
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-14 Katy Industries

St. Louis, Missouri, United States

Katy Industries, Inc. is a designer, manufacturer and distributor of sanitary maintenance supplies, professional cleaning products and consumer products primarily used by building service contractors, restaurants, hotels, healthcare facilities and schools. Katy Industries, Inc. was founded in 1967 and is based in St. Louis, Missouri.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-01 CIBT

McLean, Virginia, United States

CIBT is a global provider of mobility services including visa, passport, and immigration documentation. CIBT serves multinational corporations, global travel management companies, tour and cruise operators, government agencies, and individual travelers. CIBT’s services simplify the time-consuming and complicated process of obtaining required travel documents and work authorizations, while providing an accurate and compliant service for corporate customers. CIBT was founded in 1989 and is based in McLean, Virginia.

Buy -

Seller(S) 1

SELLER

Newell Brands

Atlanta, Georgia, United States

Category Company
Founded 1903
Sector Consumer Products
Employees24,600
Revenue 8.1B USD (2023)
DESCRIPTION
Entrance to Newell Brands' corporate headquarters in Atlanta, Georgia.
Entrance to Newell Brands' corporate headquarters in Atlanta, Georgia.

Newell Brands is a marketer of consumer and commercial products. The Company's portfolio of leading brands include Rubbermaid, Sharpie, Graco, Calphalon, Irwin, Lenox, Levolor, Paper Mate, Dymo, Waterman, Parker, Goody, Rubbermaid Commercial Products and Aprica. Newell Brands was formerly known as Newell Rubbermaid. Newell Brands was founded in 1903 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 16 of 21
Sector (Consumer Products) 6 of 9
Type (Divestiture) 15 of 20
State (Washington) 1 of 1
Country (United States) 15 of 20
Year (2017) 3 of 3
Size (of disclosed) 8 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-10 Newell Brands - Fire Starter & Fire Log Business

Atlanta, Georgia, United States

Newell Brands, Inc. - Fire Starter & Fire Log Business comprises Pine Mountain fire starters and fire logs business as well as its Diamond matches, fire starters, lighters, toothpicks, clothespins and clotheslines business.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-07 Chesapeake Bay Candle

Rockville, Maryland, United States

Chesapeake Bay Candle is a developer, manufacturer and marketer of premium candles and other home fragrance products, focused on consumer wellness and natural fragrance. Chesapeake Bay Candle was established in 1994 and is based in Rockville, Maryland.

Buy $75M