Information on the Target

Tender Corporation, established in 1973 in New Hampshire's White Mountains, specializes in a wide array of high-quality consumer products centered on safety, preparedness, and first aid. The company is renowned for its trusted brands, including After Bite®, leading in insect bite relief, and well-regarded insect repellents such as Ben’s® and Natrapel®. Additionally, Tender Corporation offers a comprehensive range of outdoor first aid and survival products through brands like Adventure Medical Kits® and Survive Outdoors Longer®. The firm's operational headquarters and manufacturing facilities remain located in Littleton, New Hampshire.

Tender Corporation has consistently focused on enhancing outdoor experiences for its consumers, regardless of the conditions. The company's commitment to quality and innovation has allowed it to cultivate a loyal customer base and achieve a significant presence in the market.

Industry Overview in the Target's Specific Country

The consumer packaged goods (CPG) industry is a vital sector within the United States, reflecting a substantial component of the nation's overall economy. With an increasing emphasis on health, safety, and outdoor activities among consumers, the industry has experienced remarkable growth. Brands that offer durable and innovative products tailored to meet these demands are positioned to thrive, making investments in the sector highly appealing.

The outdoor recreation segment has witnessed particular growth, driven by an increasing trend of individuals engaging in outdoor activities for fitness and relaxation purposes. This has led to elevated demand for safety and first aid products that can enhance the outdoor experience. As consumers prioritize preparedness, brands like Tender Corporation that have established reputations in safety and first-aid products have an opportunity to expand their reach.

Furthermore, the U.S. CPG industry is characterized by continuous innovation, with companies striving to deliver products that resonate with evolving consumer preferences. The rising popularity of natural and sustainable products draws attention to brands that can cater to these demands effectively.

In this dynamic landscape, companies that leverage their brand equity and operational strengths are likely to achieve sustainable growth. As the outdoor and CPG sectors continue to evolve, the potential for strategic partnerships and aggregations remains significant.

The Rationale Behind the Deal

The collaboration between Tender Corporation, Victor Capital Partners, and Gary A. Kiedaisch is strategically aimed at fueling Tender's growth within the outdoor and consumer packaged goods markets. By partnering with private equity, Tender can access additional resources, expertise, and capital, which will facilitate expansion into new markets and enhance product offerings. Victor Capital's experience in growing branded businesses will be instrumental in guiding Tender through this growth phase.

Moreover, the addition of Kiedaisch to the Board of Directors as Chairman brings valuable industry experience and insight. His previous leadership roles in prominent consumer products firms equip him with the knowledge necessary to steer Tender toward achieving long-term growth objectives.

Information About the Investor

Victor Capital Partners is a private equity firm specializing in investments in middle-market branded businesses with significant growth potential. The firm focuses on specialty consumer products and services, among other sectors. Victor Capital aims to partner with companies that have established brands, robust technology foundations, and favorable market dynamics, utilizing its resources to foster development and expansion.

Founded by Douglas R. Korn, a seasoned private equity professional, Victor Capital has a proven history of collaborating with management teams to build successful companies. The firm leverages its expertise and capital to drive innovation and operational efficiency, making it a valuable ally for Tender Corporation as it embarks on this transformative journey.

View of Dealert

Assessing the deal between Tender Corporation and Victor Capital Partners, it appears to be a robust investment opportunity for both parties involved. The partnership positions Tender to capitalize on expanding consumer trends related to safety and outdoor activities. With a diverse product portfolio and established brand recognition, Tender Corporation stands to benefit significantly from the growth strategies proposed by Victor Capital Partners.

Additionally, the involvement of Gary Kiedaisch as Chairman of the Board introduces a wealth of expertise and strategic oversight. His history of driving success in both outdoor products and consumer packaged goods positions him as an asset that can navigate Tender through evolving industry landscapes effectively.

Overall, the combination of Tender's reputable products, Victor Capital's financial backing, and Kiedaisch's leadership expertise creates a compelling foundation for sustained growth. The transaction aligns well with current market demands, supporting a strategic expansion into new customer segments and geographical areas.

In conclusion, this partnership has the potential to yield significant returns for investors while solidifying Tender Corporation's position as a leader in the outdoor and CPG market. Should the execution of growth strategies proceed as planned, this investment is likely to deliver favorable outcomes.

View Original Article

Similar Deals

Acacia Partners A&A Global Industries, LLC

2023

Recapitalization Consumer Goods Conglomerates United States of America
Gemini Alexis Russell Jewelry

2023

Recapitalization Consumer Goods Conglomerates United States of America
Summit Park Ledge Lounger Inc.

2023

Recapitalization Consumer Goods Conglomerates United States of America
Summit Park Artifact Uprising

2023

Recapitalization Consumer Goods Conglomerates United States of America
MMF Zoom Eyeworks

2023

Recapitalization Consumer Goods Conglomerates United States of America
Gauge Capital Beauty Industry Group, LLC

2023

Recapitalization Consumer Goods Conglomerates United States of America
New Water Capital Partners L.P. KL Outdoor

2023

Recapitalization Consumer Goods Conglomerates United States of America
Argosy Investment Partners, Plexus Capital, Salem Investment Partners Parker School Uniforms, LLC

2023

Recapitalization Consumer Goods Conglomerates United States of America
L2 Capital Partners, L.P. YakAttack, LLC

2021

Recapitalization Consumer Goods Conglomerates United States of America
Valterra Products, LLC Monochem

2018

Recapitalization Consumer Goods Conglomerates United States of America

Victor Capital Partners

invested in

Tender Corporation

in 2023

in a Recapitalization deal

Deal Parametres
Industry
Country
Seller type

Sign Up to Dealert