Architect Equity Acquires Faultless Brands

NiTEO Products (Highlander Partners) Acquires Faultless Brands from Architect Equity

December 10, 2025

Consumer Products

Architect Equity has sold Faultless Brands, the Kansas City–based maker of fabric care and household cleaning brands including Faultless, Niagara, Magic and Bon Ami, to NiTEO Products, a portfolio company of Highlander Partners. Terms were not disclosed; the deal acts as an add-on to NiTEO's platform to expand brand and category capabilities in household and fabric care.

ImageFIRST Acquires Majority Stake in Faultless Healthcare Linen

May 21, 2019

Healthcare Services

ImageFIRST, backed by Calera Capital, acquired a majority stake in Faultless Healthcare Linen; terms were not disclosed. The deal expands ImageFIRST's national footprint in healthcare linen rental and laundry services—Faultless will retain equity held by the Spence family and operate alongside ImageFIRST's existing locations.

Lincolnshire Management Acquires Phoenix Brands LLC

May 20, 2016

Consumer Products

Lincolnshire Management purchased Phoenix Brands LLC, a Stamford, Connecticut-based maker of laundry detergents (brands including Ajax, Dynamo and Fab), from Trilantic Capital Partners for about $145 million in late 2010. The deal included Phoenix’s brands, manufacturing and logistics assets; Phoenix had roughly $130 million in revenue and product distribution in about 40 countries at the time.

General Tools & Instruments Acquires Garden Weasel from Faultless Brands

May 7, 2020

Consumer Products

General Tools & Instruments, a portfolio company of High Road Capital Partners, has acquired Garden Weasel from Faultless Brands. The deal, which closed April 29, 2020, transfers Garden Weasel's assets, trademarks and patents to General Tools and expands its product offering into lawn and garden tools; transaction financing was provided by Twin Brook Capital Partners.

Electrolux Professional Acquires Unified Brands

October 12, 2021

Food & Beverage

Electrolux Professional AB (publ) has agreed to acquire Unified Brands Inc. and related assets from Dover Corporation for approximately SEK 2,140m (about USD 244m) on a cash- and debt-free basis. The deal — expected to close in Q4 2021 subject to regulatory approvals — strengthens Electrolux Professional's presence in the United States and expands its foodservice equipment portfolio while Unified Brands' management will remain in place.

Fortune Brands Acquires Aqualisa

August 2, 2022

Building Products

Fortune Brands Home & Security acquired Aqualisa Holdings (International) Ltd., a U.K. designer and manufacturer of premium smart and digital shower products. The acquisition (announced July 29, 2022) expands Fortune Brands' Water Innovations portfolio, adding digital shower capabilities and accelerating international growth; the deal follows an exit by PE firm LDC and was valued at about £130 million (approximately $160 million).