Consumer Products Acquisitions in Maine

NCWB, LLC, an acquisition vehicle formed by entrepreneurs Ron and Peggy Davis, purchased family-owned North Country Wind Bells, Inc. The deal closed October 11, 2024, and transfers ownership of the Round Pond, Maine-based maker of American-made recycled-steel wind bells to the new owners.

Salt Creek Capital has acquired Power Gripps USA, dba Versa Gripps USA, the Sorrento, Maine-based manufacturer of American-made weightlifting grips and accessories, from founders Mike and Heather Parker. The deal brings Salt Creek (with backing/financing from LO3 Capital SBIC reported by other sources) ownership of the business to support the next stage of growth under incoming CEO Lester Lee.

Prima has acquired Prospect Farms, a vertically integrated USDA Certified Organic hemp farm and manufacturing complex in Prospect, Maine, and together the businesses will operate as Uplifter Brands, PBC. The deal gives Prima in-house cultivation, formulation and fulfillment capabilities to accelerate growth across personal care, supplements, spa/hospitality and pet wellness and is backed by strategic investors including Maximalist, Greycroft, Lerer Hippeau, Global Founders Capital, Ropart Asset Management and Platform Ventures.

Faribault Woolen Mill Company has acquired Brahms Mount from SFERRA Fine Linens (a portfolio company of Highlander Partners) in a divestiture that aligns SFERRA with its core SFERRA and Pratesi brands. The acquisition is an add-on for Faribault Mill, bringing a complementary, vertically integrated American-made luxury textiles brand with manufacturing operations in Maine.

T-street Capital completed a growth equity investment in Hyperlite Mountain Gear to support the ultralight backcountry brand’s accelerated domestic and international growth. Hyperlite, founded in Maine in 2010, will partner with T-street to expand product offerings and scale distribution while founders remain involved.

Stonewall Kitchen, a specialty food and home goods producer based in York, Maine, has acquired Village Candle, a fragranced candle manufacturer and retailer based in Wells, Maine. The acquisition expands Stonewall Kitchen's home goods and fragrance product assortment and brings Village Candle's manufacturing team and product lines into Stonewall Kitchen's omni-channel platform.