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New Deal


Announced

Completed

American Securities completed the acquisition of a majority stake in Conair.

Financials

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

Tags

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Acquisition

kitchenware

Majority

Friendly

Private

Single Bidder

personal care products

United States

Domestic

electric appliances

Specialty Retailers

Private Equity

Completed

Synopsis

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American Securities, a private equity firm, completed the acquisition of a majority stake in Conair, a retailer of kitchenware and personal care equipment. Financial terms were not disclosed. "The partnership with American Securities will allow us to continue our evolution with a focus on new product development and an acceleration of our M&A activities while continuing to bring efficiencies to our operations," Ron Diamond, Conair President and CEO.

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