Private Equity
Glendower Capital is leading a group to buy a controlling stake of Liberty London, a U.K. department store, for 300 million pounds, The Guardian reported. BlueGem is selling its stake, the story said.
1 min read · 22 July 2019
Saugatuck Capital Company has made an investment in Harbor City, California-based Lunada Bay, a maker of handcrafted glass, ceramic and concrete tiles for the remodeling and architectural and design markets. No financial terms were disclosed.
2 min read · 18 July 2019
General Atlantic is closing to inking a deal to acquire beauty brand Morphe that will value the company at more than $2 billion, reported Reuters. All of Morphe's existing shareholders will continue to hold stakes in the company. The transaction will reportedly close in the coming weeks.
1 min read · 18 July 2019
Fresh Direct Produce Ltd, a portfolio company of HKW, has acquired Emperor Specialty Foods. Financial terms weren’t announced. Emperor, of Richmond, British Columbia, distributes mushrooms, pears, and other specialty fruits and vegetables.
2 min read · 18 July 2019
Curaleaf Holdings Inc said July 17 that it agreed to buy GR Companies Inc, or Grassroots, for about $875 million in cash and stock. Grassroots, of Chicago, grows, processes and sells medical cannabis. In March, the company raised $90 million of VC funding, in the form of convertible debt, from undisclosed investors, PitchBook said.
2 min read · 17 July 2019
WHP Global, a newly launched brand management platform, has secured $200 million in funding. The investor was Oaktree Capital Management LP.
3 min read · 17 July 2019
Slim Chickens, a fast casual restaurant franchise, has secured an investment from 10 Point Capital. No financial terms were disclosed.
3 min read · 17 July 2019
HGGC said July 17 that it has agreed to sell a minority stake in Nutraceutical International Corp to Snapdragon Capital Partners LLC and The Maze Group LLC. Financial terms weren’t announced. Nutraceutical, of Park City, Utah, makes, markets and distributes branded natural products, including supplements, personal care, and other natural products sold primarily through domestic health and natural food stores, as well as specialty stores and online.
4 min read · 17 July 2019
Incline Equity Partners has recapitalized Wholesale Supplies Plus, a distributor of raw materials, supplies and packaging used in the production of soap, lotion, cosmetics and candles as well as other personal care products by professional crafters. No financial terms were disclosed for the transaction that was done in partnership with WSP management.
2 min read · 16 July 2019
EagleTree Capital said July 15 that it acquired a majority of Invincible Boat Co. Financial terms weren’t announced. Invincible Boat, of Opa Locka, Florida, makes and sells high-performance semi-custom saltwater fishing boats.
3 min read · 15 July 2019
