Consumer Products Acquisitions in Oregon

NiTEO Products, a portfolio company of Highlander Partners, has acquired Folexport, Inc. (FOLEX), a Tualatin, Oregon-based maker of carpet, fabric and hard-surface cleaning products, from Barrett and Patty Lash. The deal expands NiTEO's household products portfolio and is supported by senior financing from Monroe Capital and mezzanine/equity from NMP Capital.

Easy Mile Fitness, a privately held Planet Fitness franchisee based in Boston, acquired 15 Planet Fitness locations in Oregon and two in Alaska (17 clubs total) from Bravo Fit Franchise Group. The deal expands Easy Mile's footprint in the Pacific Northwest—making it the largest Planet Fitness operator in Oregon—and was financed by Fifth Third Bank with advisors supporting both sides.

L Catterton has made a strategic growth investment in L.A.B. Golf to support the company's product innovation, direct-to-consumer experience, retail expansion and international growth. L.A.B. Golf, based in Creswell, Oregon, is known for patented putter technology that reduces torque and has driven rapid consumer and professional adoption.

Mechanix Wear, a portfolio company of Gryphon Investors, has acquired Kinco, the 50-year-old family-owned maker of premium work, farm, and outdoor gloves; terms were not disclosed. Travis Kindler will remain as Kinco President and retain a minority stake; the acquisition (which includes Kinco-owned Welch suspenders) is the second add-on for the Mechanix Wear platform and is expected to broaden product offerings and channel reach.

Allergy Research Group (ARG), a portfolio company backed by HPH III, has acquired certain assets of Metabolic Maintenance, a provider of physician-recommended nutritional supplements based in Sisters, Oregon. The add-on acquisition, announced by WM Partners, will integrate Metabolic Maintenance under the ARG platform to expand ARG's practitioner-channel product offering—particularly in mental well-being, stress management and mood support; terms were not disclosed.

Quest Products, a Promus Equity Partners-backed consumer healthcare platform, has acquired Tec Laboratories, Inc., the Albany, Oregon manufacturer of Tecnu and Licefreee. The deal adds Tec Labs’ manufacturing center and trusted OTC dermatological brands to Quest’s portfolio to deepen vertical integration and support domestic and international growth; terms were not disclosed.

GT Golf Supplies, a Kinzie Capital Partners LP-backed wholesale golf distributor, has acquired The ProActive Sports Group, a Canby, Oregon-based national golf accessories distributor. The deal adds ProActive's Oregon distribution facility as a fourth DC, broadens GT Golf's product portfolio (including Clicgear, Rovic and Tempercraft lines), and expands the combined company's national footprint and e-commerce capabilities.

MeatEater, Inc. has acquired Dave Smith Decoys, a Lebanon, Oregon-based maker of ultra-realistic hunting decoys and gear. The acquisition brings DSD into MeatEater’s family of outdoor brands and aims to expand DSD’s product reach while maintaining production at its Oregon plant.

Dallas-based private equity firm LongWater Opportunities has acquired Pistil Designs, a Hood River, Oregon–based designer of premium headwear, bags and outdoor accessories. The deal adds Pistil to LongWater’s Great Socks Holdings platform (which includes Fox River Mills and Standard Merchandising Company) to expand product offerings and leverage U.S. manufacturing partnerships.

Gathr Outdoors, a portfolio company of Centre Partners, has acquired Cascadia Vehicle Tents (CVT), a Bend, Oregon–based maker of rooftop vehicle tents, awnings and car-camping equipment. Terms were not disclosed; CVT co-founder Bobby Culpepper will remain as president and report into Gathr Outdoors' Camp segment leadership.

Food52 has entered into a definitive agreement to acquire Schoolhouse, the Portland-based lighting and lifestyle goods maker, for approximately $48 million in cash and stock. The transaction is being funded by investor TCG, which also provided an incremental investment to Food52 as it pursues retail expansion, product assortment growth, and build-out of creative studios.

Bluebird Botanicals acquired Precision Botanical, gaining access to Precision’s Oregon-based hemp cultivation and extraction facility and science-driven product capabilities. Concurrently, Juggernaut Capital Partners made a growth investment in Bluebird to strengthen the combined company's financial profile and support online growth, retail expansion and product innovation.

Weyco Group, Inc. acquired substantially all operating assets and certain liabilities of Forsake, Inc., including the Forsake brand, for approximately $2.5 million plus contingent payments. Forsake will join Weyco's outdoor division (together with BOGS) to expand Weyco's presence in the outdoor footwear market; Forsake's co-founders joined Weyco to continue leading the business.

Butler Home Products, a division of Bradshaw International, has acquired Clean Ones Corp., a Portland, Oregon-based household glove company. Clean Ones will retain its name and Portland office and will be marketed as a brand within the Butler portfolio to expand Butler's market share and product offering in gloves across national retail channels.