AIG Global Investment Group (AIGGIG) has provided $24 million of debt financing for Wind Point Partner's buyout of Waterbury Acquisition Corporation ("Waterbury"). Waterbury, headquartered in Waterbury, Connecticut, is a leading manufacturer and marketer of environmental hygiene and pest control products including aerosol air fresheners and refills, aerosol insect sprays, and touch-free bathroom fixtures. The company has a long-standing customer base and a solid competitive position in all of its major markets. Waterbury's business strategy is to provide its customers with a one-stop source of environmental hygiene products.

AIGGIG's investment takes the form of senior and junior subordinated notes. The Waterbury buyout is the first transaction in which AIGGIG has provided financing support to Wind Point Partners in its role as lead equity sponsor.

Back to Direct Investments News