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New Deal


Announced

Centre Partners-backed MacNeill Pride Group to acquire ORCA Coolers.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

Plastics

Pending

Single Bidder

United States

Acquisition

Majority

Manufactured goods

outdoor accessories

Recreational Products

coolers

drinkware

Domestic

Private Equity

Synopsis

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Centre Partners-backed MacNeill Pride Group, a diversified designer and manufacturer of sporting goods and related products, agreed to acquire ORCA Coolers, a supplier of premium coolers, drinkware, and other outdoor accessories. Financial terms were not disclosed. "The acquisition of ORCA is a natural addition to our company as we continue to expand into new, yet complementary markets. This is an attractive opportunity to extend into the lifestyle product market where we have strong existing relationships with sporting goods retailers – both in the US and abroad – that will be beneficial to increasing distribution and sales of ORCA products," Joe Zeller, MPG CEO.

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