Boomerang Laboratories, Inc. has been acquired by Guy & O’Neill, Inc.
Northern Edge is pleased to announce the recent sale of Boomerang Laboratories, Inc. (“Boomerang”) to Guy & O’Neill, Inc. (“Guy & O’Neill), a portfolio company of Centre Partners Management LLC.
Founded in 1999 and based in Spring Park, Minnesota, Boomerang is a contract manufacturer of a diverse array of liquid-fill personal care and light-duty household cleaning products. Boomerang’s facility is FDA regulated, registered with the EPA and operates according to current Good Manufacturing Practices (cGMPS).
Boomerang’s strong market reputation, diverse product offering, deep customer relationships with leading consumer products companies such as S.C. Johnson & Son, Inc., Renpure, LLC and Williams-Sonoma, Inc., as well as its experienced workforce and highly efficient manufacturing operations, made it an attractive investment candidate.
Paul Nyberg, President of Boomerang, commented, “We are very excited to be a part of the Guy & O’Neill organization. The opportunity to share and adopt best practices, achieve operational efficiencies and be part of a larger platform will allow us to better meet the needs of our customers and help accelerate the continued growth of our combined business.”
Both companies have expertise in safer, cleaner chemistries. The combined companies will become a world-class organization, expanding the breadth and capabilities in several attractive categories, providing meaningful additional liquid-fill capacity and creating a larger, more diversified and multi-site partner for customers. A collective commitment to innovation, quality and exceptional customer service, along with shared midwestern values provide the bedrock for this relationship.
Headquartered in Fredonia, Wisconsin, Guy & O’Neill, Inc. is a leading developer and manufacturer of wipes and liquid-fill products in the household cleaning and personal care categories. Guy & O’Neill holds the original patent for bathing wipes, works with Fortune 500 consumer product companies as a private label and contract manufacturer and manufacturers its own suite of brands.
This transaction, which is the latest among several recent deals that Northern Edge has completed, highlights the expertise of Northern Edge in several areas:
- Thoughtful positioning of Boomerang in the market
- Navigating an uncertain marketplace during the recent pandemic
- Delivering an outcome that satisfies the personal and financial objectives of our clients
View Northern Edge’s recent transactions here.
Northern Edge acted as Exclusive Financial Advisor to Boomerang Laboratories, Inc.
We recognize that many of you are dealing with unexpected challenges in your personal and professional life at this time. During this unprecedented time, Northern Edge is committed to assist all of our clients and private business owners affected by the current situation related to COVID-19. Our professionals are available to provide insights, guidance and help navigate today’s environment. To contact us click here.
View more deal completions here.