Consumer Products

Client/Company Business Transaction
1-800 CONTACTS, Inc. (Draper, UT) Direct marketer and manufacturer of contact lenses $27,500,000 initial public offering of common stock.
AbilityOne Division (Grand Rapids, MI) Bissel Inc. (Grand Rapids, MI) Manufacturer and marketer of physical rehabilitation products Sold to: Banc One Equity Capital (Chicago, IL)
Addison Products Company and WeatherKing Corporation (Addison, MI) Manufacturers and marketers of residential unitary heating and cooling equipment Sold to: Rheem Manufacturing (New York, NY) Subsidiary of Paloma Ltd. (Tokyo, Japan)
American Consumer Products, Inc. (Salem, OH) Distributor of keys, knives, gloves and house numbers to hardware retailers Sold to: Vista 2000, Inc. (Roswell, GA)
American Greetings Corporation (Cleveland, OH) Designer, manufacturer, marketer and retailer of seasonal and everyday greeting cards and other social expression products $150,000,000 placement of senior convertible notes
American Greetings Corporation (Cleveland, OH) Designer, manufacturer, marketer and retailer of seasonal and everyday greeting cards and other social expression products $260,000,000 placement of senior subordinated debt
Anomatic Corporation
(Newark, OH)
Provider of high-volume anodized aluminum packaging components and custom decorative assemblies to global cosmetics packaging companies. Recapitalization by Brookstone Partners
(New York, NY)
Artesian Plumbing Products, Inc. (Mansfield, OH) Manufacturer and retailer of china, plastic and faux-marble plumbing products Sold to: Crane/Fiat Ltd. (Evanston, IL)
ATA, Inc. (Indianapolis, IN) Leading charter airline $50,400,000 initial public offering of common stock
Bankruptcy Estate of Sanymetal (Vanceburg, KY) Manufacturer of decorative injection plastic and plastic-laminated toilet and shower partitions Sold to: Crane/Fiat Ltd. (Evanston, IL)
Brass Eagle Inc. (Bentonville, AR) Manufacturer, marketer and distributor of paintball and extreme sports products $28,778,750 initial public offering of common stock
Broilmaster Inc. Subdisiary (Florence, AL) of Martin Industries, Inc. (Huntsville, AL) Manufacturer of premium barbecue grills Sold to: Empire Comfort Systems, Inc. (Belleville, IL)
Budget Group, Inc. (Daytona, FL) Car and truck rental company $175,475,000 follow-on offering of common stock
Budget Group, Inc. (Daytona, FL) Car and truck rental company $59,800,000 follow-on offering of common stock
Cal-Van Tools Division (Fremont, OH) of Chemitrol Chemical Co. (Fremont, OH) Manufacturer and wholesaler of custom automotive tools Sold to: Horizon Tools, Inc. (Houston, TX)
Civic Communications (Jackson, MS) Television broadcaster $25,000,000 placement of convertible preferred stock
Cleveland Indians Baseball Company (Cleveland, OH) Professional baseball team $60,000,000 initial public offering of common stock
Cleveland Indians Baseball Company (Cleveland, OH) Professional baseball team Sold to: Lawrence Dolan & Family Trusts (Chardon, OH)
Coyne Kangesser Parking Inc. (Cleveland, OH) Leading regional independent parking concern. Sold to: American Building Maintenance Services, Inc. (Los Angeles, CA)
Damon Corporation (Elkhart, IN) Leading manufacturer of Class A motor coaches and recreational park trailers Sold to: Thor Industries Inc. (Jackson Center, OH)
Detroit Armor Co., Inc. Subsidiary (Schaumberg, IL), of Bankruptcy Estate of Grabill Corp. (Chicago, IL) Designer and fabricator of piston and rifle target equipment Sold to: Chicol Equities Co. (Elkhart, IN)
Earthrite Products Line of Magic American Corporation (Beachwood, OH) Formulator and marketer of environmentally safe household cleaning products. Sold to John A. Benckiser GmbH (Ludwigshafen, Germany)
ESSCO Corporation
(Valley View, OH)
Distributor of vacuum cleaners and repair parts to independent vacuum dealers Sold to: MCM Capital
Partners, L.P.
(Beachwood, OH)
Flexible Flyer Company Division (West Point, MS) of Par Industries, Inc. (Medina, OH) Manufacturer of toys including hobby horses, swing sets and sleds Sold to: Roadmaster Industries, Inc. (Englewood, CO)
Group Dekko, consisting of Pent Technologies, Inc. and Dekko Technologies, Inc. (Kendallville, IN) Provider of highly engineered electrical, wire, plastic and metal subcomponents and finished products for diverse end markets. Sold to: Centre Partners Management LLC (New York, NY, Los Angeles, CA and Dallas, TX)
Keystone RV Company (Elkhart, IN) Marketer and manufacturer of towable RV products. Recapitalization via: Summit Partners (Boston, MA)
Kinder Manufacturing Corp. Subsidiary (Elkhart, IN), of Bankruptcy Estate of Grabill Corporation (Chicago, IL) Manufacturer and marketer of mattresses and upholstered furniture Sold to: Oakbrook Manufacturing Inc. (Elkhart, IN)
L.L. Bean, Inc. (Freeport, ME) Direct marketer of outdoor and leisure apparel and accessories via catalogues and website $50,000,000 placement of senior notes
Logo Athletic, Inc. (Indianapolis, IN) Manufacturer of licensed athletic apparel $43,000,000 placement of private equity
Logo Athletic, Inc. (Indianapolis, IN) Manufacturer of licensed athletic apparel $95,000,000 arrangement of senior bank financing
Major Video Concepts Inc. (Indianapolis, IN) a subsidiary of LDI Ltd. (Indianapolis, IN) Distributor of video tapes and video games to independent and chain video rental stores Sold to: Ingram Entertainment, Inc. (La Vergne, TN)
Manufacturing and Distribution Operation of LESCO, Inc.
(Cleveland, OH)
Manufacturing and distribution operation of largest provider of products for professional turf care segment of green industry. Sold to: Platinum Equity Partners, LLC
(Beverly Hills, CA)
Midway Cap Co. Subsidiary (Chicago, IL) of Bankruptcy Estate of Grabill Corporation (Chicago, IL) Custom sewing company specializing in caps and uniform headgear Sold to: S&S Acquisition Co., Inc. (Chicago, IL)
Nina Mason Pulliam Trust (Indianapolis, IN) Single largest shareholder of CNI, Inc., a leading publisher of newspapers Fairness Opinion
Ohio Bar Review, Inc. (Cleveland, OH) Provider of Ohio Bar training review courses. Sold to: Harcourt General, Inc. (Chestnut Hill, MA)
Plantronics, Inc. (Santa Cruz, CA) Leading designer, manufacturer and marketer of communication headsets $88,750,000 follow-on offering of common stock
Plantronics, Inc. (Santa Cruz, CA) Leading designer, manufacturer and marketer of communication headsets $104,075,000 follow-on offering of common stock
Progressive Furniture, Inc. (Swanton, OH) Leading manufacturer, importer and marketer of promotionally to moderately priced household wood furniture Sold to: Sauder Woodworking Company (Archbold, OH)
Rockford Corporation (Tempe, AZ) Designer, manufacturer and marketer of high-performance mobile, professional and home audio systems $46,000,000 initial public offering of common stock
Royal Appliance Mfg. Co. (Glenwillow, OH) Manufacturer and marketer of handheld and upright floor cleaners and replacement parts Strategic advisory services.
RPM Corporation (Medina, OH) Manufacturer of paints, sealants and other products for consumer use. $163,875,000 follow-on offering of common stock.
Schwab Acquisition Group (Lafayette, IN) Manufacturer and marketer of insulated filing cabinets and fire resistant safes Acquired: Schwab Safe Co., Inc. (Lafayette, IN)
Signature Inns, Inc. (Indianapolis, IN) Owner and operator of hotels Sold to: Jameson Inns, Inc. (Nashville, TN)
SMED International (Calgary, Alberta, Canada) Leading manufacturer of modular office furniture $35,150,000 follow-on offering of common stock
Steelcase Inc. (Grand Rapids, MI) Designer and manufacturer of office furniture Financial Advisor to certain shareholders in connection with initial public offering
Stegemeyer Screw Corp. & National Screw Corp. Subsidiaries (Chicago, IL) of Bankruptcy Estate of Grabill Corporation (Chicago, IL) Manufacturers and distributors of fasteners Sold to: Quality Screw Company (Bensonville, IL)
Stylin' Concepts Corporation (Independence, OH) Direct marketer of automotive accessories and parts Sale to: Automotive Specialty Accessories and Parts (Chicago, IL) a portfolio company of The Riverside Company (Cleveland, OH)
Team Rental Group, Inc. (Indianapolis, IN) Car and truck rental company. $52,000,000 follow-on offering of common stock
TeleZapper Product Line of Royal Appliance Mfg. Co. (Glenwillow, OH) Anti-telemarketing product line Licensed to: VTech Holdings Ltd. (Hong Kong, China)
The Astrup Company
(Cleveland, OH)
Leading distributor of fabric, hardware and trimmings to the awning, marine and casual furniture industries Sold to: Glen Raven
(Burlington, NC)
The Gibson-Homans Company (Twinsburg, OH) Leading manufacturer of adhesives, sealants and coatings for building construction and maintenance Sold to: Gardner Asphalt (Tampa, FL)
Wabash Valley Manufacturing Inc. (Wabash, IN) Leading designer and manufacturer of plastisol coated furniture and site amenity products Sold to: WinsLoew Furniture, Inc. (Pompano Beach, FL) a portfolio company of Trivest Partners, L.P. (Miami, FL)
Zaring Homes Inc. (Cincinnati, OH) Developer and builder of residential homes. $27,000,000 initial public offering of common stock.