Private equity Acon Investments LLC has acquired Igloo Products Corp. for an undisclosed amount.
Shelton, Conn.-based Igloo designs, manufactures and markets coolers and other outdoor products and housewares. Acon picked up Igloo from J.H. Whitney & Co., a New Caanan, Conn.-based private equity firm that will maintain a small stake in the company.
Under Acon's ownership, Igloo will focus on continuing to grow in the outdoors, housewares and sporting goods markets.
Acon, headquartered in Washington, D.C., generally invests between $20 million and $150 million per investment. The firm has also invested in Magic Media, Radiovisa and Tropigas.
Other recent consumer goods deals include Steven Madden Ltd.'s (Nasdaq: SHOO) deal for Brian Atwood,