Spectrum Brands Completes Acquisition of Tristar Products' Kitchen Appliances and Cookware Business

Centre Lane Affiliate Acquires Instant Brands' Appliances Division

November 14, 2023

Consumer Products

An affiliate of Centre Lane Partners completed the acquisition of the Appliances Division of Instant Brands on November 8, 2023, acquiring the maker of the Instant Pot out of Instant Brands' Chapter 11 process. The transaction, financed by MidCap Financial and advised by Jones Day, provides a recapitalization for the division and positions Instant Brands Appliances (headquartered in Downers Grove, Illinois) for product and growth initiatives under Centre Lane ownership.

MasterBrand Acquires Supreme Cabinetry Brands for $520 Million

May 20, 2024

Building Products

MasterBrand, Inc., through its subsidiary MasterBrand Cabinets LLC, agreed to acquire Supreme Cabinetry Brands, Inc. from GHK Capital Partners LP for $520 million in cash. The deal (expected to close in Q3 2024) adds the premium brands Dura Supreme and Bertch to MasterBrand's portfolio, is expected to deliver $28 million of annual cost synergies by year three, and will be funded with cash on hand and incremental debt commitments.

The Legacy Companies Acquires Kalorik Product Lines from Team International Group of America

January 9, 2024

Consumer Products

The Legacy Companies has acquired the electric countertop appliance product line and the non-electric kitchen smallwares and utensils product line of Team International Group of America, Inc. d/b/a Kalorik in an asset purchase. The acquisition broadens Legacy’s portfolio in the countertop appliance market, adding Kalorik’s touchscreen-enabled appliances and providing cross-selling and account-expansion opportunities; terms were not disclosed.

Spectrum Brands Pet, LLC Acquires Omega Sea LLC (Omega One)

March 11, 2020

Consumer Products

Spectrum Brands Pet, LLC, an indirect subsidiary of Spectrum Brands Holdings, Inc., acquired substantially all of the assets of Omega Sea LLC, the maker of the Omega One aquatics nutrition brand. The acquisition adds Omega Sea's aquatics nutrition and care products to Spectrum Brands Global Pet Care portfolio to expand its aquarium product offerings and retailer relationships while maintaining current operations.

Unified Power Acquires Computer Power Systems and Tristar Power Solutions

April 7, 2020

Industrial Services

Unified Power (Terrell, Texas) acquired two regional critical power service providers, Computer Power Systems, Inc. (Orlando, Florida) and Tristar Power Solutions (Minnesota), as add-on acquisitions to expand its national footprint and service capabilities. The deals bring additional UPS, generator, battery and electrical design-build capabilities into the Unified Power platform and deepen coverage across Florida and Minnesota.

Marquee Brands Acquires Majority Stake in America's Test Kitchen

February 2, 2023

Media & Entertainment

Marquee Brands has acquired a controlling majority stake in America's Test Kitchen (ATK), adding the culinary media company — including Cook's Illustrated and Cook's Country — to its home and culinary portfolio. The founding shareholders and existing owners will remain investors in the business, and Marquee has appointed Dan Suratt as CEO to help grow ATK across media and commerce channels.