M&A Deal Summary

Playtex Products Acquires Personal Care Group

On December 23, 1997, Playtex Products acquired consumer products company Personal Care Group from Prospect Hill Growth Partners for 182M USD

Acquisition Highlights
  • This is Playtex Products’ 1st transaction in the Consumer Products sector.
  • This is Playtex Products’ largest (disclosed) transaction.
  • This is Playtex Products’ 1st transaction in the United States.
  • This is Playtex Products’ 1st transaction in Florida.

M&A Deal Summary
Date 1997-12-23
Target Personal Care Group
Sector Consumer Products
Buyer(s) Playtex Products
Sellers(s) Prospect Hill Growth Partners
Deal Type Add-on Acquisition
Deal Value 182M USD

Target

Personal Care Group

Ormond Beach, Florida, United States
Personal Care Group, Inc. owns some consumer product brands, including Wet Ones pre-moistened towelettes, Chubs baby wipes, Ogilvie home permanent products, Binaca breath spray and drops, and Mr. Bubble.

Search 200,197 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

Playtex Products

New Providence, New Jersey, United States
Category Company
Founded 1932
Sector Consumer Products
Employees1,250
DESCRIPTION

Playtex Products, Inc. is a manufacturer of a diversified portfolio of well-recognized, market personal care and consumer products including feminine care, infant care, and skin care products. .

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (1997) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Prospect Hill Growth Partners

Waltham, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1995
PE ASSETS 2.7B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Prospect Hill Growth Partners is a private equity firm specializing in leveraged buyouts and recapitalizations of middle-market growth companies across the US. Prospect Hill looks for profitable businesses ($5 to $25 million of EBITDA) with annual revenues from $50 to $300 million with strong brands and leading market positions. Target sectors include consumer products, healthcare, specialty retail, and asset management. Prospect Hill Growth Partners was formerly known as J.W. Childs and changed its name in 2019. The Firm was originally formed in 1995 and is headquartered in Waltham, Massachusetts.

DEAL STATS #
Overall 2 of 22
Sector (Consumer Products) 1 of 3
Type (Add-on Acquisition) 1 of 6
State (Florida) 1 of 4
Country (United States) 2 of 22
Year (1997) 1 of 1
Size (of disclosed) 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-06-02 Ross University

North Brunswick, New Jersey, United States

Ross University is a provider of medical and veterinary education, offering doctor of medicine (M.D.) and doctor of veterinary medicine (D.V.M.) degrees.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-07-01 Simcom

Orlando, Florida, United States

Simcom is a privately-owned, comprehensive learning institution, SIMCOM utilizes realistic simulator-based training to provide advanced aviation training services to professional pilots, owner-operators, Part 135 operators and maintenance personnel operating in general aviation, regional, military, government and cargo operations around the world. Simcom was founded in 1989 and is based in Orlando, Florida.

Buy -
Mergr

Product

Company

Legal