October 2008
Prospect Partners Invests In Tender Corporation
Prospect Partners has formed Tender Products, Inc. to invest alongside management in Tender Corporation of Littleton, New Hampshire. Tender is a leading manufacturer of well-known over-the-counter personal-care and active outdoor products.
Founded in 1975, Tender produces a full line of insect bite treatments and repellents, first-aid treatments, sunburn and windburn products, and activity-specific first aid kits and survival gear. The company is perhaps best known for AfterBite®–The Itch Eraser™, which continues to be the best-selling brand in the bite treatment category more than 30 years after its release.
Tender also produces insect repellents that target specific niches within the broader insect repellent category, including both DEET-based and DEET-free products under the Ben's® and Natrapel® brands, respectively. The company also owns Adventure® Medical Kits, which it acquired in 2005 and which is the premier designer of high-end adventure and survival gear for outdoor enthusiasts.
Sold to the food, drug, mass merchandise and outdoor and sporting good retail channels, Tender's products can be found in over 40 countries.
Going forward, Prospect Partners and Tender management seek acquisitions of manufacturers of niche personal care and/or outdoor products.
To discuss Tender or related investment opportunities, please contact Prospect Partners Principal Rick Tuttle.
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