Oaktree Capital to Invest $127 Million in Spectrum Brands' Home and Personal Care Business
May 5, 2026
Spectrum Brands Holdings entered into a definitive agreement for a $127 million investment from Oaktree Capital Management in its Home and Personal Care (HPC) business. The deal includes $67 million of convertible preferred equity and a $60 million lien term loan recourse only to the HPC segment, with Oaktree receiving about a 27% stake upon closing.
- Targets
- Spectrum Brands' Home and Personal Care (HPC) business
- Industry
- Consumer Products
- Location
- Wisconsin, United States
- Transaction Type
- Growth capital
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