Linsalata Capital Partners has sold The Tranzonic Companies’ personal care division 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.”
Meet our Senior Team
View More Transactions
Lincoln International advised Wind Point Partners on the acquisition of Central Moloney Incorporated
Lincoln International has advised EMZ Partners on the sale of ASSEPRO to The Ardonagh Group
Lincoln International advised LEBC Holdings on its agreement to sell Aspira Corporate Solutions to Titan Wealth
Lincoln International advised Scheybeeck on the sale of a majority stake in BUKO Traffic & Safety to Equistone
Lincoln International advised Rivean Capital on the sale of ELCEE Group to Torqx Capital Partners
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.