Guy & O’Neill, a manufacturer and developer of household cleaning and personal care products and a portfolio company of Centre Partners, has acquired Boomerang Laboratories. Centre Partners acquired Guy & O’Neill in October 2018.
Boomerang Laboratories manufactures and fills a variety of personal care products, light-duty household products and toiletries that include hand and dish soaps, shampoos, conditioners, laundry detergents, fabric softeners and floor cleaners. The company can produce products in the form of liquids, lotions, gels, creams, suspensions and ointments. Boomerang, led by President Paul Nyberg, was founded in 1999 and operates a 75,000 square foot facility near Minneapolis in Spring Park, Minnesota.
Guy & O’Neill’s products include disinfecting wipes and multi-surface cleaners; adult care incontinence products and bathing products; feminine hygiene products; facial and cosmetic wipes; and automotive wipes. Company-owned brand names include Ally, Care4, Clean Cut, Evoke, Green & Clean, and Zippy.
Guy & O’Neil, led by CEO Tom Misgen, has approximately 340,000 square feet of office, production and warehousing facilities at its headquarters located near Milwaukee in Fredonia, Wisconsin.
“Boomerang is an outstanding addition to Guy & O’Neill, as we continue to expand into new and complementary markets and product categories,” said Mr. Misgen. “The company has a long-standing stellar reputation for providing excellent service, quality and flexibility to its valued customers. We are excited to welcome the exceptional Boomerang team, which shares a commitment to innovation, quality, and customer service.”
Centre Partners invests from $15 million to $40 million in North American based middle-market companies that have $30 million to $300 million in revenue and $5 million to $40 million in EBITDA. Sectors of interest include branded and private label consumer, and healthcare. Centre Partners was founded in 1986 and has offices in New York and Los Angeles.
© 2020 Private Equity Professional | March 26, 2020