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Announced

Completed

Carlyle Group and TA Associates completed their acquisition of Weiman Products from Cortec Group.

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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