Deal Details
acquisition of Ignite Holdings, LLC
Summary
Baird served as the exclusive financial advisor to Newell Rubbermaid on this transaction.
About
Newell Rubbermaid Inc. (NYSE: NWL) recently acquired Ignite Holdings, LLC ("Ignite"), a portfolio company of North Castle Partners, for $308 million.Newell Rubbermaid Inc., an S&P 500 company, is a global marketer of consumer and commercial products with a portfolio of leading brands, including Sharpie®, Paper Mate®, Rubbermaid Commercial Products®, Irwin®, Lenox®, Parker®, Waterman®, Rubbermaid®, Levolor®, Calphalon®, Goody®, Graco®, Aprica® and Dymo®. The company was founded in 1903 and is headquartered in Atlanta, Georgia.
Ignite is a global leader and recognized innovator in two of the fastest growing segments of the housewares industry: reusable, environmentally friendly thermal mugs and hydration bottles. Through its Contigo® and Avex® brands, Ignite has successfully created a diverse portfolio of innovative products that appeal to an loyal and expanding consumer base. Ignite has a strong global presence and currently sells its products in over 50 countries across club, mass, sporting goods, specialty, direct-to-consumer and exclusive strategic partnerships. Ignite is headquartered in Chicago, Illinois.
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- Date
- September 2014
- Company
- Newell Rubbermaid Inc.
- Transaction
- M&A
- Sectors
- Consumer
- Target Geography
- North America
- Acquiror Geography
- North America
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