Here's the Deal
Baird's Investment Banking Group is pleased to announce the following transaction:
Equity investment by Code Hennessy & Simmons LLC
Baird rendered a fairness opinion to Woodstream in connection with this transaction.
Code Hennessy & Simmons LLC (“CHS”) recently announced that it has completed an equity investment in Woodstream Corporation (“Woodstream”). The transaction represents a partnership between CHS, Florida-based private equity firm Brockway Moran & Partners, and Woodstream’s senior management. Terms were not disclosed.
Woodstream, headquartered in Lititz, Pennsylvania, markets and manufactures a broad portfolio of leading, branded consumer products in four segments, which include natural solutions for pest control, wild bird feeding, caring control for pets and wildlife, and rodent control. Woodstream’s products are sold under the Victor®, Havahart®, Safer® and Perky Pet® brand names among a multitude of others. Woodstream’s products are sold at more than 100,000 retail locations throughout the United States, Canada and other international markets, including do-it-yourself home centers, mass merchandisers, hardware stores, lawn and garden retailers and farm-agricultural stores. Woodstream currently operates three primary manufacturing facilities and five distribution centers which allow the company to serve its customers with industry-leading service levels.
The Baird team included our dedicated industry bankers and members of our Financial Sponsor Group.