LONDON, April 22, 2015 (GLOBE NEWSWIRE) -- Centre Lane Partners, LLC (“Centre Lane”), a private investment firm based in New York, has been recognised by Acquisition International Magazine with two awards in their 2014 Top Transactions Awards: Best Consumer Manufacturing Transaction – USA and the Award for Excellence in North American Middle Market Investing.
The Top Transactions Awards celebrate exceptional transactions in the field of mergers and acquisitions, and are the result of extensive analysis by Acquisition International’s dedicated awards team alongside a meticulous voting process.
Both awards were in recognition of Centre Lane’s acquisition of Lancaster Colony Corporation's candle operations. The new stand-alone entity is called Candle-lite and is a leading manufacturer of candles and other candle related accessories. The company sells its products under its own proprietary brands as well as under certain private label brands. Headquartered in Cincinnati, Ohio and with a manufacturing facility located in Leesburg, Ohio, Candle-lite is celebrating its 175th anniversary in 2015.
About Centre Lane Partners
Centre Lane is a New York based private investment firm focused on making debt and equity, control and non-control investments in North American middle market companies. Centre Lane seeks to deploy $5 to $50 million per investment and target companies across a variety of industries with revenues between $20 and $500 million that have leading market positions and sustainable competitive advantages in their respective niches.
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Source:Centre Lane Partners, LLC