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Financial Advisor

Lemi Shine

Value Not Disclosed 12/27/2018 Consumer Products & Retail Complete
Family Office Advisory, Private Companies
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Transaction Details

  • On December 27, 2018, Envirocon Technologies Investments, LLC d/b/a Lemi Shine (“Lemi Shine”, or “the Company”) received a minority equity investment from Fenwick Brands (“Fenwick”)
  • Lemi Shine is owned by the Eggemeyer family and is based in Austin, TX.
  • The Company markets itself as the largest, independent “Better for You” brand in the home cleaning category
  • The brand is powered by natural citric extracts and is positioned as “Powerful”, “Safe” and “Affordable”
  • Proceeds from the investment will be used for:
  • Growth initiatives
  • Other general corporate purposes
  • The terms of the transaction were not disclosed
  • Stephens Inc. served as exclusive financial advisor to Lemi Shine

About the company

Headquartered in Austin, Texas, Lemi Shine is a family-owned company that creates powerful and safe household cleaning products. Established in 1994 with the original Lemi Shine Detergent Booster, the company has since invented additional category-changing products such as a multi-use machine cleaner, hard water rinse aid, and spot- and stain-resistant surface cleaner, and, nontoxic antibacterial wipes and spray, all powered by natural citric extracts. More information can be found at www.lemishine.com or on Facebook and Instagram.

Sources: Company materials and website.
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