An Affiliate Of Centre Lane Partners Acquires The Appliances Division Of Instant Brands, Maker Of Kitchen Appliances Consumer Favorites Including Instant Pot®
Acquiring Company
Centre Lane Partners
Acquired Company
Instant Brands Appliances
New YorkDowners GroveFinancial ServicesFinanceVenture CapitalAngel InvestmentManufacturingFashionDescription
Centre Lane Partners, LLC ("Centre Lane") is pleased to announce that on November 8, 2023 an entity affiliated with Centre Lane has completed the acquisition of the Appliances Division of Instant Brands ("Instant Brands Appliances" or the "Company"), which had filed for Chapter 11 bankruptcy protection on June 12, 2023.
Quick answer
Centre Lane Partners is acquiring Instant Brands Appliances, announced November 14, 2023. Centre Lane Partners is based in New York, New York, United States.
- How much did Centre Lane Partners pay for Instant Brands Appliances?
- The deal value was not disclosed.
- What does Centre Lane Partners do?
- Founded in 2007, Centre Lane Partners is a private investment firm that invests in the equity and debt of middle market companies in North America.
- Where are Centre Lane Partners and Instant Brands Appliances based?
- Centre Lane Partners is based in New York, New York, United States. Instant Brands Appliances is based in Downers Grove, Illinois, United States.
- Who are the decision-makers at Centre Lane Partners?
- Fundz holds 1 contact at Centre Lane Partners. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Instant Brands Appliances?
Instant Brands Appliances was acquired by Centre Lane Partners, based in New York. The deal was reported on November 14, 2023. Founded in 2007, Centre Lane Partners is a private investment firm that invests in the equity and debt of middle market companies in North America. Centre Lane Partners is privately held and operates in Financial Services.
When did Centre Lane Partners acquire Instant Brands Appliances?
Centre Lane Partners's acquisition of Instant Brands Appliances was reported on November 14, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Instant Brands Appliances do?
Instant Brands designs, manufactures and markets a global portfolio of innovative and iconic consumer lifestyle brands including Instant®. It is privately held, operating in Manufacturing, and is based in Downers Grove.
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