Centre Partners said Oct. 16 that it invested in Guy & O’Neill Inc. Financial terms weren’t announced. Guy & O’Neill, of Fredonia, Wisconsin, makes and develop household cleaning and personal care products.
PRESS RELEASE
New York, October 16, 2018 – Centre Partners, a leading middle market private equity firm with offices in New York and Los Angeles, today announced that it has made an investment in Guy & O’Neill, Inc. (“Guy & O’Neill”), a premier manufacturer and developer of household cleaning and personal care products. Centre’s investment, financial terms of which were not disclosed, was made alongside the Company’s senior management team, which will continue to own a meaningful stake and lead the business under Centre’s ownership.
Founded in 1975, Guy & O’Neill provides a one-stop shop solution for blending, liquid-fill, converting and packaging needs for leading consumer packaged goods companies and retailers. Guy & O’Neill’s state-of-the-art production facilities and operational infrastructure enable it to consistently offer its customers with industry leading service and quality.
“Centre is thrilled to partner with the Guy & O’Neill management team,” stated Bruce Pollack, a Managing Partner of Centre Partners. “The Company is well-positioned to execute on multiple compelling growth strategies, and uniquely situated to offer its customers with innovative products to capitalize on shifting consumer preferences in the household cleaning sector.”
Guy & O’Neill Chief Executive Officer Tom Misgen said, “We are very pleased to partner with and invest alongside Centre. We believe that their financial support and industry expertise will accelerate growth and facilitate meaningful investments in our business while maintaining our focus on offering the highest quality products and customer service that our customers value and will continue to enjoy. Centre’s investment is an endorsement of the strength of our dedicated management team and the strength of our innovative portfolio of products.”
“Guy & O’Neill is an established market leader and a highly strategic partner for its customers, with a stellar reputation supported by its state-of-the-art manufacturing and new product development,” added Michael Schnabel, a Managing Director of Centre Partners. “Through our previous investments in the household cleaning sector, we have a deep expertise in the space and significant resources that will assist us in accelerating the growth of the business both organically and through acquisitions.”
About Guy & O’Neill
Headquartered in Fredonia, Wisconsin, Guy & O’Neill Inc. is an established consumer products company focused on the household cleaning, personal care, and pharmaceutical industries. The Company has a strong presence in the wet wipe and liquid-fill sub-sector, offering a value-added suite of services to its customers. Over the last several years, Guy & O’Neill has leveraged its strength in contract manufacturing to enter the private label market with a portfolio of new and innovative products. For more information, please visit www.guyandoneill.com
About Centre Partners
Founded in 1986, Centre Partners is a leading middle-market private equity firm focusing on the consumer and healthcare sectors, with offices in New York and Los Angeles. Centre has invested over $2 billion of equity capital in more than 80 transactions since its inception. Centre seeks to partner with founders and management teams to build exceptional businesses. Centre Partners provides management teams access to its unique resources, which includes an extended network of experienced and proven operating executives. Additional information is available atwww.centrepartners.com
Source: https://www.pehub.com/2018/10/centre-partners-invests-in-guy-oneill/
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