Consumer Products Acquisitions in Maryland

Acacia Partners, an Austin-based private investment firm, completed a majority recapitalization of A&A Global Industries, a nationwide distributor of novelty toys, candy, plush and redemption products that serves family entertainment centers, vending route operators, and amusement companies. The recapitalization provides A&A with permanent capital to support continued organic growth and pursue add-on acquisitions while enabling a generational transition for the family-owned business.

MariMed Inc. completed the acquisition of Kind Therapeutics U.S.A., LLC, a vertically integrated medical cannabis operator in Maryland. MariMed—an OTCQX-listed multi-state cannabis operator based in Norwood, Massachusetts—plans to expand Kind's cultivation canopy, add a GMP kitchen, and roll out new cannabis brands and products across the Maryland market.

Exemplis Corporation has acquired Future Seating, the Maryland-based parent company of the X-Chair, Mavix Gaming and Healthy Back consumer brands. The deal expands Exemplis' consumer and direct-to-consumer office and gaming seating portfolio while both businesses continue to operate independently.

Fairchild Capital Partners, a Buffalo, New York–based private equity firm, completed a growth capital investment in Caitec Corp, a Halethorpe, Maryland manufacturer and distributor of pet toys and supplies. The investment will support Caitec’s organic growth initiatives and enable the company to pursue strategic acquisitions and expand product availability across retail and e‑commerce channels.

Kian Capital completed a majority recapitalization of Charles Products, Inc. (CPI), a long-standing provider of custom merchandise to zoos, museums, aquariums, theme parks and other tourist attractions, partnering with management. Terms were not disclosed; Glen Heitmann was promoted to CEO and Kian said it will provide institutional capital and strategic support to drive the company's next phase of growth.