The Carlyle Group and TA Associates Acquire Weiman Products from Cortec Group
March 27, 2019
The Carlyle Group and TA Associates have acquired WU Holdco, Inc. (Weiman Products) from Cortec Group Fund V, L.P.; terms were not disclosed. Carlyle, TA and company management plan to support continued organic growth and pursue strategic M&A to expand Weiman's specialty consumer and commercial cleaning products business.
- Buyers
- The Carlyle Group, TA Associates, Weiman management
- Targets
- WU Holdco, Inc. (Weiman Products)
- Sellers
- Cortec Group Fund V, L.P., Cortec Group
- Industry
- Consumer Products
- Location
- Illinois, United States
- Transaction Type
- Buyout
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