STOCK TITAN

Two Roads Advisors Successfully Represents Toy Brand WeCool and Skincare Brand QRx on Their Exits

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Two Roads Advisors (TRA) has successfully represented toy brand WeCool Toys (Compound Kings) and skincare brand QRx on their exits to buyers in November, marking the eighth and ninth deals of 2023 for the leading boutique investment bank. TRA continues to offer unparalleled M&A and capital placement advice to companies in the consumer, business services, and technology sectors.
Positive
  • None.
Negative
  • None.

NEW YORK, Dec. 5, 2023 /PRNewswire/ -- Leading boutique investment bank Two Roads Advisors has represented two well-known consumer brands on their successful exits to buyers in November, selling slime and compounds maker WeCool Toys (Compound Kings) to Paladone, a portfolio company of private equity firm IVEST Consumer Partners and premium skincare brand QRx to Amazon aggregator Forum Brands.

These transactions mark Two Roads Advisors' eighth and ninth deals of 2023, a year in which the firm averaged a closed deal every six weeks.

Other deals in 2023 include:

  • Sale of private equity-backed (Norwest Equity) optical brand eyebobs to Blue Point Capital Partners
  • Divestiture of Quiverr, an Amazon reseller division of publicly traded Advantage Solutions (NASDAQ: ADV) to reCommerce
  • Sale of Myron, a multigenerational family-held maker of promotional products to GoGlobal Retail
  • Sale of Vesta, a social and influencer marketing software company to software player TINT
  • Sale of Kaliber Global, an Amazon toy maker of drones and educational toys to Ad Populum, a brand holding company backed by Atalaya Capital
  • Sale of R&J Control, a multigenerational family business offering commercial generator repair and services to competitor GenServe, backed by GenNx360
  • Acquisition of M&A advisory services of Inflection Brands

Two Roads Advisors continues to offer unparalleled M&A and capital placement advice to companies in the consumer, business services, and technology sectors.

Its principals work hard to provide liquidity and premium valuation outcomes for all types of businesses, from family and founder held enterprises, to publicly traded companies, and private equity backed portfolio businesses alike.

For more information on Two Roads Advisors, please contact info@tworoadsadvisors.com.

Cision View original content:https://www.prnewswire.com/news-releases/two-roads-advisors-successfully-represents-toy-brand-wecool-and-skincare-brand-qrx-on-their-exits-302006263.html

SOURCE Two Roads Advisors

FAQ

What brands did Two Roads Advisors represent on their successful exits in November 2023?

Two Roads Advisors represented WeCool Toys (Compound Kings) and QRx.

How many deals has Two Roads Advisors closed in 2023?

Two Roads Advisors closed their eighth and ninth deals in 2023.

What sectors does Two Roads Advisors provide M&A and capital placement advice to?

Two Roads Advisors provides advice to companies in the consumer, business services, and technology sectors.

Advantage Solutions Inc.

NASDAQ:ADV

ADV Rankings

ADV Latest News

ADV Stock Data

1.46B
48.18M
63.73%
50.44%
2.19%
All Other Support Services
Administrative and Support and Waste Management and Remediation Services
Link
United States of America
IRVINE

About ADV

with more than 40,000 associates generating over $65b in annual sales throughout our over 70 offices, advantage solutions is the premier consumer packaged goods sales and marketing agency, committed to building brand value for our clients and customers. our customized sales and marketing solutions include headquarter sales, retail merchandising and marketing services, specializing in client and customer events, publications and assisted-selling services for the grocery, drugstore, club, convenience, natural/specialty, sporting goods, consumer electronics and home center channels.