Aterian Investment Partners Acquires Step2 to Create Largest North American Outdoor Toy Company
October 19, 2016
Aterian Investment Partners, through an affiliate, has acquired Step2, a branded designer and manufacturer of large-format plastic toys headquartered in Streetsboro, Ohio. The deal combines Step2 with Aterian's existing platform Backyard Discovery to create the largest outdoor toy company in North America and expand market share across playsets, playhouses, ride-ons and home & garden products.
- Buyers
- Aterian Investment Partners (affiliate), Backyard Discovery
- Targets
- Step2
- Platforms
- Backyard Discovery
- Industry
- Consumer Products
- Location
- Ohio, United States
- Transaction Type
- Addon
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