BCMS 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 BCMS has completed, highlights the expertise of BCMS 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 BCMS’s recent transactions here.
BCMS Corporate LLC (“BCMS”) acted as Exclusive Financial Advisor to Boomerang Laboratories, Inc.
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BCMS is a family-owned boutique investment bank that specializes in advising owners of private companies with respect to the planning and execution of sale transactions. Founded in 1989, the Firm has 260+ professionals operating from offices worldwide, including the United States, United Kingdom, Switzerland, the Netherlands, and Israel. BCMS has successfully completed more than 600 transactions globally in the past ten years, making us one of the world’s leading sell-side advisors to private companies in the middle market.