Lil' Drug Stores Acquires Convenience Valet from Weinberg Capital Group
August 26, 2020
Lil' Drug Stores (Lil' Drug Store Products) has acquired Mechanical Servants LLC (dba Convenience Valet) from Weinberg Capital Group. The transaction combines two leading convenience/travel-size product distributors to expand scale, category management capabilities and customer reach across convenience, travel and hospitality channels; financial terms were not disclosed.
- Buyers
- Lil' Drug Stores (Lil' Drug Store Products)
- Targets
- Convenience Valet (Mechanical Servants LLC)
- Sellers
- Weinberg Capital Group, David Baum (former majority owner)
- Industry
- Consumer Products
- Location
- Illinois, United States
- Transaction Type
- Buyout
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