Lincoln International Represents Linsalata Capital Partners in the Sale of the Personal Care Division of The Tranzonic Companies to Albaad Massuot Yitzhak Ltd.
Lincoln International, a leading global mid-market investment bank, has announced that The Tranzonic Companies, a portfolio company of Cleveland based Linsalata Capital Partners, has sold its Personal Care division to Albaad USA Inc., a subsidiary of Albaad Massuot Yitzhak Ltd. (TASE: ALBA).
Based in Nicholasville, Kentucky, the Personal Care division of The Tranzonic Companies is a leading provider of disposable absorbent personal care products, including feminine hygiene products for external use as well as absorbent products for use by the adult population. Personal Care is the second largest private label supplier of external feminine hygiene products in North America and the market leader for Maternity/OB kits in the healthcare market. Personal Care supplies its products to its customers through the retail and healthcare channels with both private label and branded products. The Tranzonic Companies now consist of the CCP and HOSPECO business units that both sell to the away-from-home market. Albaad Massuot Yitzhak Ltd. is a leading producer of wipes and other absorbent products and is based in Israel.
Lincoln International acted as the exclusive financial advisor to The Tranzonic Companies, working closely with management and Linsalata Capital Partners throughout the sale process. This included providing advisory expertise and managing the marketing, negotiation and due diligence phases of the transaction.
Steve Perry, Co-President & Senior Managing Director at Linsalata Capital Partners, commented, “Lincoln was instrumental in the negotiating process, providing straightforward, expert guidance to Linsalata and the management team.” Ken Vuylsteke, President & Chief Executive Officer of The Tranzonic Companies, added, “Lincoln took the time to develop a deep understanding of our business and was critical in helping management navigate through the process.”
About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With twelve offices (three in the Americas, two in Asia, and seven in Europe) and strategic partnerships with leading institutions in China and Korea, Lincoln International has strong local knowledge and contacts in the key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest. More information about Lincoln International can be obtained at www.lincolninternational.com.
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