ShurTech Brands LLC
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
ShurTech Brands LLC is a manufacturer of duct tape, painter's tape and pressure-sensitive tapes and adhesive strips based in Avon, Ohio. ShurTech Brands together with its parent, ShurTape Technologies, is one of the leading manufacturers of duct tape and other adhesive strip products in the United States. ShurTech's brands include Duck, Painter's Mate, FrogTape, ShurTape and CareMail, a line of mailing and shipping supplies. [Please see exhibits below for a more comprehensive list of the company's intellectual property and associated litigation.] ShurTech Brans has sought to differentiate itself by offering colorful, nontraditional tape designs and patterns to broaden its appeal to uses that extend beyond the traditional ones for duct tape, particularly decorative uses. ShurTech Brands was formed from the acquisition by Shurtape Technologies of Henkel Corporation's North American tape businesses.
Keywords
Keywords
Classified
Private