Private Equity
Sherpa Capital has made an investment in Ferreira de Sá, a Portuguese maker of luxury carpets. No financial terms were disclosed.
3 min read · 31 October 2019
YFM Equity Partners has backed a management buyout of Professional Music Technology, a UK-based retailer of musical instrument and professional audio products. No financial terms were disclosed.
4 min read · 31 October 2019
Caisse de dépôt et placement du Québec, the Fonds de solidarité FTQ, Fondaction and Desjardins Capital will invest $300 million in La Coop fédérée. The capital will be used to back the capital acquisition and capital investment projects of La Coop fédérée. Based in Montreal, La Coop fédérée is an agri-food business.
5 min read · 30 October 2019
XLerate Group, which is backed by Huron Capital, has acquired Columbus Fair Auto Auction. No financial terms were disclosed. The auction operates an 11-lane arena, reconditioning facility, body shop, and mechanical shop.
2 min read · 25 October 2019
Authentic Brands Group, a brand development, marketing and entertainment company, is buying luxury retail brand Barneys New York. No financial terms were disclosed. The deal is expected to close by November 1, 2019. As previously reported by PE HUB, Barneys filed for Chapter 11 bankruptcy protection this past summer. ABG is backed by BlackRock.
5 min read · 25 October 2019
Sole Source Capital said Oct. 25 that it acquired a majority of Worldwide Produce. Financial terms weren’t announced. Worldwide Produce distributes fresh produce, dairy and specialty foods in California and Nevada.
3 min read · 25 October 2019
Vacasa, a vacation rental management platform, has closed its previously announced acquisition of Wyndham Vacation Rentals for $162 million. Vacasa’s backers include Riverwood Capital, Level Equity, NewSpring and Assurant Growth Investing.
3 min read · 23 October 2019
Canada Pension Plan Investment Board is selling its 39 percent stake in Interparking, a Belgian-based car park owner and operator, to APG. No financial terms were disclosed. The deal is expected to close over the next few months. APG is a Dutch pension provider.
4 min read · 23 October 2019
Brynwood Partners has sold Joseph's Frozen Foods to LaSalle Capital. No financial terms were disclosed. Headquartered in Haverhill, Massachusetts, Joseph's is a provider of frozen stuffed pasta.
3 min read · 23 October 2019
Lee Equity Partners LLC has acquired Boca Raton, Florida-based Cosmetic Solutions, a service provider to skincare brands. No financial terms were disclosed. The Sage Group served as financial adviser to Cosmetic Solutions on the deal.
3 min read · 22 October 2019