Lincoln International was the exclusive financial advisor to The Tranzonic Companies, a distributor of maintenance, cleaning and safety products and a portfolio company of Linsalata Capital Partners, on its recent sale to Silver Oak Service Partners.
Lincoln provided advisory services and managed the preparatory, marketing, negotiation and due diligence phases of the transaction.
Lincoln and Linsalata previously worked together on the June 2012 divestiture of the HOSPECO-Personal Care division of Tranzonic, a provider of disposable absorbent personal care products, to Albaad USA.
Tranzonic is a distributor of away-from-home disposable absorbent and non-absorbent maintenance, cleaning and safety products. Products include a suite of janitorial and sanitation products, including industrial wipers, toilet seat covers, gloves, feminine hygiene products, air care products, restroom supplies, sorbents and other safety products. Tranzonic was founded in 1933 and is headquartered in Richmond Heights, OH, with distributions facilities in Knoxville, Reno, and Miami. Linsalata first invested in Tranzonic in 1998 (www.tranzonic.com).
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. The firm also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. Lincoln International has fourteen offices in the Americas, Asia and Europe, and is headquartered in Chicago (www.lincolninternational.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 7-23-13