CR Brands

CR Brands is a consumer goods company formed in 2006 by Allied Capital through a merger of two of its subsidiaries.

CR Brands
TypePrivate
IndustryConsumer goods
PredecessorRedox Brands
ChemPro, Inc.
Founded2006 (2006)
FounderRichard Owen
Headquarters,
Number of locations
1
Key people
Dan Mickelson, CEO
Productscleaning products
ServicesPrivate label
OwnerResilience Capital Partners[1]
WebsiteCRBrandsInc.com

History

Allied Capital acquired ChemPro, Inc., in March 2006. Allied then merged Redox and ChemPro, Inc., with the resulting company being renamed CR Brands. ChemPro's Chief Executive Officer retained the title through the merger with Richard Owen being named Chief Operating Officer. Manufacturing of the Redox brands would be moved to the ChemPro plants.[2] With Allied Capital coming into financial difficulties, Juggernaut Capital Partners LP purchased CR from them in 2009.[3] Juggernaut sold CR to Resilience Capital Partners' Resilience Fund III LP in September 2012.[1][4]

Brands

See also

References

  1. Wursthorn, Michael (October 1, 2012). "CR Brands Picks Up Third Private Equity Owner in Resilience". Dow Jones. Retrieved 3 October 2012.
  2. Jim Fair (2006-03-10). "ChemPro Inc. to merge with Redox Brands". Spartanburg Herald-Journal. New York Times Co. Retrieved 2011-02-16.
  3. "Juggernaut Capital Partners LP acquires CR Brands Inc from Allied Capital Corp through a leveraged buyout". Thomson Financial Mergers & Acquisitions. Thomson Reuters. 2009-11-18. Retrieved 2011-02-16.
  4. Partners, Resilience Capital. "CR Brands, Inc. Acquired By Resilience Capital Partners". www.prnewswire.com. Retrieved 2020-02-06.


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