KLH Capital is pleased to announce it has partnered with the management team of Q Research Solutions, Inc. (“QRS” or the “Company”) to complete a management buyout. Based in Old Bridge, New Jersey, Q Research Solutions is a leading provider of sensory and consumer product research for Fortune 500 and other blue-chip customers in the food and beverage, health and beauty, and fragrance industries. The Company is especially known for its expertise in the fragrance category, a market it has served for over 20 years.
Consolidation within the consumer products industry has required companies to continually innovate to remain competitive, increasing overall spending on research and development. “QRS has successfully established itself as a high quality, sensory-focused research provider to flagship consumer brands,” explained James Darnell, Partner at KLH Capital. “We are excited to work with their seasoned management team to increase the Company’s market share in a highly fragmented industry.”
“Q Research Solutions is passionate about delivering best-in-class consumer products research” said David Japhet, CEO at QRS. “We are pleased to have an experienced partner on board as we strive to meet the growing needs of our clients.” KLH Capital financed the transaction in partnership with Salem Investment Partners and USAmeriBank.
ABOUT KLH CAPITAL
KLH Capital is a fully capitalized SBIC private equity fund managing $320 million across three funds. We make majority and minority equity investments in value added distribution, specialty service and niche manufacturing companies based in the U.S. with at least $10 million of revenue and $2 million of EBITDA. During our nearly 30-year business tenure, we have completed more than 130 transactions giving us the experience and background to successfully nurture growing companies and create value for owners.
For more information about this transaction, please contact James Darnell ([email protected]).