Centre Partners Purchases Taylor Precision Products

NEW YORK-Private equity firm Centre Partners has acquired Taylor Precision Products from HoMedics. Taylor markets kitchen scales, thermometers and timers, bath scales and outdoor weather measurement products under such owned and licensed brand names as Taylor, HoMedics and Salter.

Centre operating partner Rob Kay has been named executive chairman of Taylor, joining the current team led by Don Robinson. Kay is the former executive chairman of Kaz, Inc., a home environment appliances manufacturer of that was previously a Centre Partners portfolio company.

"We are pleased to invest in Taylor and to establish the business as an independent company," said Bruce Pollack, a managing partner of Centre Partners. In addition, "we are excited to partner again with Rob Kay who has a successful track record of building businesses in the consumer products sector. Rob's expertise will complement that of Don Robinson and Taylor's talented management team."

Kay added, "I am proud to have another opportunity to lead a Centre Partners company. The acquisition of Taylor is a unique opportunity to buy and build a leading company in the branded consumer products sector, where we have considerable prior experience and success. Taylor has a number of well-established brands in its portfolio and is well-positioned as a platform for growth through organic initiatives and acquisitions."

Robinson said, "We're extremely pleased to be a part of the Centre Partners team and to work alongside Rob Kay. Centre's expertise and support, combined with Rob's operational experience, will be very valuable as we grow our business."

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

Videos

Current Issue

  • HFN May digital issue

    HFN's DIGITAL EDITION

    May 2017


    COVER STORY: HFN Turns 90

    We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.


    ALSO IN THIS ISSUE:

    • Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
    • Omnichannel Retailing - In the Mobile App World, Time is Money