Announced
Completed
Financials
Tags
cleaning products
Private
Private Equity
United States
Household Equipment and Products
Acquisition
Completed
Single Bidder
Friendly
Majority
Synopsis
Global investment firm Carlyle Group and global growth private equity firm TA Associates completed the acquisition of Weiman Products, a Gurnee, IL-based manufacturer and distributor of specialty cleaning products for multi-billion dollar consumer and commercial end markets, from Cortec Group, a New York-based private equity firm. Financial terms were not disclosed. “Weiman is well positioned for continued growth both organically and through M&A. We will harness Carlyle’s deep industry expertise and global network to support the Company in this next phase of innovation and strategic acquisition,” David Basto, Carlyle Managing Director.
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