M&A Deal Summary

Salem Investment Partners Acquires Himalayan Handmade Candles

On May 1, 2017, mezzanine finance firm Salem Investment Partners acquired consumer products company Himalayan Handmade Candles

Acquisition Highlights
  • This is Salem Investment Partners’ 4th transaction in the Consumer Products sector.
  • This is Salem Investment Partners’ 44th transaction in the United States.
  • This is Salem Investment Partners’ 4th transaction in Georgia.

M&A Deal Summary

Date 2017-05-01
Target Himalayan Handmade Candles
Sector Consumer Products
Buyer(s) Salem Investment Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Himalayan Handmade Candles

Duluth, Georgia, United States
Himalayan Handmade Candles is a manufacturer of fragranced candles in reusable original containers. Himalayan candles are poured using artisan techniques with a natural soy wax blend and high quality essential and fragrance oils. They will burn exceptionally well a clean even burn with minimal sooting, leaving little to no residue and a lingering fragrance. Himalayan Handmade Candles is based in Duluth, Georgia.

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Buyer(S) 1

DESCRIPTION

Salem Investment Partners specializes in debt and equity investments in privately-held, middle-market businesses across the Southeast and Mid-Atlantic regions of the US. Salem looks to invest $2 to $10 million per transaction to help support growth, acquisitions, recapitalizations, and buyouts. Sectors of interest include business services, light manufacturing, consumer products, and distribution. Salem Investment Partners was formed in 1999 and is based in Greensboro, North Carolina.


DEAL STATS #
Overall 44 of 58
Sector (Consumer Products) 4 of 5
Type (Buyout (LBO, MBO, MBI)) 31 of 40
State (Georgia) 4 of 5
Country (United States) 44 of 58
Year (2017) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-01 Mason Steel

Walton Hills, Ohio, United States

Mason Steel provides masonry, hearth, and outdoor living building products, as well as commercial and residential structural steel fabrication and erecting services. Mason Steel was established in 1958 and is based in Walton Hills, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-16 BW Manufacturing

Comstock Park, Michigan, United States

BW Manufacturing is a manufacturer of concrete flooring equipment and industrial vacuums for the building, restoration, and maintenance industries, as well as utility and manufacturing plants. The company's products are used primarily in the construction and restoration of bridge decks, roads, and commercial facilities such as warehouses. BW Manufacturing was founded in 1996 and is based in Comstock Park, Michigan.

Buy -