Houlihan Lokey Advises Unger Enterprises

Transaction: Unger Enterprises - Bissell

Houlihan Lokey is pleased to announce that Unger Enterprises Inc. (Unger) has been acquired by BISSELL, Inc. (BISSELL).

Since 1964, Unger has built a rich heritage of creating high-quality, innovative cleaning products and providing superior customer service. Unger was founded more than 60 years ago in Germany when Henry Unger, a professional window cleaner, started designing cleaning products for professional use. With the unwavering support of his wife Barbara, Henry Unger launched his new business in Hamburg, Germany. Unger is now an international company and a market leader in the professional and household cleaning industry. Henry Unger’s discerning eye for quality and his tireless pursuit of new and better ways to clean still serve as guideposts for Unger today. For almost 20 years, Henry’s three sons, Dane, Jan, and Mark, continued to lead the Unger company with their father’s core values and the goal to design products that make the cleaning experience cleaner, faster, and safer. Unger is headquartered in Bridgeport, Connecticut, and has manufacturing facilities in the United States and Germany.

For 140 years and counting, Michigan-based BISSELL has developed innovative floor care solutions that make cleaning easier. As the top-selling brand in floor care appliances, based on NPD unit sales, BISSELL understands that fuller lives often mean more messes, and that convenient cleaning tools help us embrace life's messier moments. Now in its fourth generation of family leadership, the company supplies households and businesses across the globe with vacuums, sweepers, carpet-cleaning machines, hard floor cleaners, and cleaning formulas. 

Houlihan Lokey served as the exclusive financial advisor to Unger. This transaction highlights Houlihan Lokey’s deep knowledge of the cleaning sector as well as the collaboration among the Consumer team’s global professionals and with the Financial Sponsors Coverage Group.

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