Uncle Milton Sold by Transom Capital Group

As reported by Transom Capital Group, Uncle Milton Industries Inc. has been sold to KCB Management. Founded in 1946, Uncle Milton creates, develops, and markets science and nature-based toys, including the company’s flagship Ant Farm, to children of all ages.

“The strides that Uncle Milton has made under Transom Capital’s ownership cannot be understated,” said Uncle Milton president Frank Adler. “Without a doubt, Transom Capital has been a key strategic sounding board to Uncle Milton’s management team.”

Uncle Milton’s portfolio includes such licensed product lines as the In My Room, Star Wars Science, and National Geographic brands. Terms of the transaction were not disclosed. The sale of Uncle Milton represents Transom Capital’s second successful exit during the past 12 months.

Transom Capital Group Acquires Uncle Milton

Los Angeles-based private equity firm Transom Capital Group has acquired Uncle Milton Industries, Inc. Terms of the transaction were not disclosed.

“Toys have been a large part of my life, so it was important to me, personally, that the company find a partner who demonstrated a real commitment to the Uncle Milton legacy,” said Steve Levine, one of the owners of the company, in a press release. “Transom Capital was simply the right fit. They exhibited the same passion for the industry and quickly understood the key issues and dynamics that underlie the company’s success.”

Ken Firtel, managing director of Transom Capital, believes Uncle Milton is “a cornerstone acquisition” for its portfolio. “The founders, the Levine family, have safeguarded the company’s sterling reputation for over half a century by introducing fun and educational toys consistent with the brand’s focus. We believe that Transom Capital can add a level of operational sophistication that will improve its performance both from a top and bottom line perspective,” Firtel said.

Sherwood Partners served as an advisor to Uncle Milton during the transaction.