Commentary

Sycamore Partners exits Hot Topic; LLCP’s Matthew Rich shares Colt Group value creation plans; ACP’s Chris Jones on Marco’s add-on strategy

Sycamore Partners has sold Los Angeles-based retailer Hot Topic to Spencer Spirit Holdings; talking with Matthew Rich, a partner at LLCP, about the value creation strategy and opportunities the firm sees in the emergency repair services segment; Chris Jones, ACP co-founder and managing partner, discusses the add-on strategy of portfolio company Marco Sealing Solutions.

Yellow Wood agrees to acquire Holistic Health from Nestlé for $1bn; KSE’s acquisition of LA Angels adds to pro sports team deal flurry

Holistic Health’s portfolio of established brands includes Nature’s Bounty, Osteo Bi-Flex and Gard.

GI Partners bets on vehicle tracking; Revisiting Women in PE; What SBA proposals mean for PE investors

GI Partners closes majority investment in Otodata, a provider of remote monitoring and vehicle tracking technology; checking in with Buyouts’ Women in PE 2020; how new rules proposed by teh SBA could potentially impact private equity deal cycles.

Granite Creek’s Peter Pacelli is a dealmaker to watch; PE-backed Authentic Brands builds on lifestyle IP pursuit with acquisition of OVO

A profile from PE Hub’s Dealmakers to Watch series: Peter Pacelli, who leads Granite Creek Capital’s agribusiness strategy; Authentic Brands Group, which is backed by CVC Capital Partners, General Atlantic and Leonard Green & Partners, announced last week that it acquired a majority stake in the intellectual property of October’s Very Own.

The operating partner delusion

Private equity’s operating business needs fewer ornamental experts, fewer fashionable titles and more teeth, writes Lee McCabe of Claymore Partners.