Terms of the transaction were not disclosed. Woodstream is a portfolio company of Vestar Capital Partners.
Based in Milwaukee, Wis., DynaTrap is a provider of insect traps with both indoor and outdoor applications. The traps protect against mosquitoes and other flying insects.
“The addition of DynaTrap not only adds a highly regarded and successful product line to Woodstream’s existing offerings, but it also introduces us to additional blue-chip clients which complement our current roster of world-class customers,” says Miguel Nistal, CEO of Woodstream. “Demand for DynaTrap insect traps has never been higher as new and more potent strains of mosquito viruses develop each year. We are excited to welcome the DynaTrap team, and we remain on the lookout for additional strategic acquisitions that will supplement Woodstream’s strong organic growth.”
Introduced in 2006 by Juan Rocha, DynaTrap is sold at home and hardware retailers including Home Depot, Costco, Sam’s Club, Bed Bath & Beyond, Amazon and Ace Hardware, as well as on QVC, HSN and online retailers.
Rocha, DynaTrap president, plans to stay on and will aid with the transition.
“Woodstream is the perfect home for DynaTrap,” says Rocha. “There is a natural synergy between our companies, and through this combination, DynaTrap’s products will be introduced to a significant group of new customers. I look forward to helping Miguel and his team integrate the two companies.”