Private Equity
An investor consortium led by Paris-based private equity firm PAI Partners has made a formal offer to acquire Dutch food maker Koninklijke Wessanen in a deal that values the latter at $996 million, reported Reuters. PAI said it planned to acquire the Dutch company in April.
1 min read · 12 July 2019
North Castle Partners has invested in Echelon Fit. Financial terms weren’t announced. Echelon is a home indoor exercise bike with on demand and live classes.
2 min read · 11 July 2019
H.I.G. Growth Partners has made an undisclosed investment in MedPro, the affiliated management services organization for Soderstrom Skin Institute. Edgemont Partners was the financial adviser to MedPro on the transaction.
5 min read · 11 July 2019
North Castle Partners has made an investment in CR Fitness, a franchisee group in the Crunch Fitness network in the Southeastern U.S. No financial terms were disclosed. Harris Williams served as financial adviser to North Castle while Piper Jaffray & Co did likewise for CR Fitness.
5 min read · 11 July 2019
Permira has agreed to acquire a majority stake in Los Angeles-based Reformation, a sustainable fashion brand. No financial terms were disclosed. Goldman Sachs was financial adviser to Reformation while Morgan Stanley did likewise to Permira. The transaction is expected to close in the third quarter of 2019.
4 min read · 10 July 2019
Taymax Group Holdings LP, which is backed by Trilantic North America, has acquired MJ Fitness, an operator of Planet Fitness clubs. No financial terms were disclosed. FIDUS Partners was financial adviser to MJ Fitness on the transaction.
3 min read · 10 July 2019
Tender Corporation, which is backed by Victor Capital, has acquired Kalispell, Montana-based Bushwacker Backpack & Supply, a provider of personal defense products. No financial terms were disclosed.
2 min read · 10 July 2019
New Heritage Capital has made an investment in Wisconsin-based Welcome Dairy Holdings LLC, a provider of dairy flavorings, cheese sauces, seasonings and functional cheese. No financial terms were disclosed.
2 min read · 10 July 2019
Blue Road Capital has acquired B&W Quality Growers LLC from Boyne Capital. No financial terms were disclosed. Headquartered in Fellsmere, Florida , B&W is a producer of distinctive baby leaves.
3 min read · 09 July 2019
Tonka Bay Equity Partners has sold Freshpack to What Chefs Want. No financial terms were disclosed. Denver-based Freshpack is a specialty food distributor in the Mountain West region.
2 min read · 09 July 2019
