Private Equity
Tuatara Capital LP, a private equity firm focused on the legal cannabis industry, has named Sergey Sherman as a managing director on the investment team. Previously, Sherman was managing director at Societe Generale.
2 min read · 26 June 2019
Laguna Hills, California-based Centercode, a provider of customer validation SaaS solutions to global B2C and B2B businesses, has secured an undisclosed amount of funding. The investor was Argentum. In addition to the investment, Michael Ulliman, a principal at Argentum, will join Centercode's board of directors.
3 min read · 26 June 2019
GrowGen, an owner and operator of specialty retail hydroponic and organic gardening stores, has raised $12.8 million in a private placement. The investors included Gotham Green Partners, Merida Capital Partners, Navy Capital and funds advised by JW Asset Management.
3 min read · 26 June 2019
An investor group led by Swander Pace Group, Dragoneer Investment Group and co-investors that include Katy Perry and Orlando Bloom, has acquired Santa Barbara, California-based Bragg Live Food Products Inc, a producer of apple cider vinegar. No financial terms were disclosed.
4 min read · 25 June 2019
Palladin Consumer Retail Partners has acquired 13 Pure Barre studios. No financial terms were disclosed. Backed by Xponential Fitness, Pure Barre is a fitness franchise.
4 min read · 24 June 2019
L Catterton has agreed to acquire Irving, Texas-based Del Frisco's Restaurant Group, a restaurant operator, for about $650 million. Piper Jaffray & Co served as financial adviser to Del Frisco's and its board of directors with Kirkland & Ellis LLP providing legal counsel. And, Credit Suisse served as financial adviser to L Catterton while Gibson Dunn LLP served as legal adviser.
5 min read · 24 June 2019
Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a deal valued at $18 billion including debt, Reuters reported. The deal values Caesars at $13 billion, the story said.
1 min read · 24 June 2019
Falfurrias Capital Partners has agreed to acquire Richmond, Virginia-based C.F. Sauer's food business. No financial terms were disclosed. RBC Capital Markets is serving as financial adviser to C.F. Sauer on the deal.
4 min read · 21 June 2019
Sycamore Partners has lowered its unsolicited bid for Chico's FAS Inc to $3 per share or $350 million cash. Chico’s, a women’s retailer, said it would “carefully review” the proposal but has previously reviewed and rejected higher offers from Sycamore.
4 min read · 20 June 2019
AUA Private Equity Partners LLC said June 18 that it acquired the assets of TruFood Mfg Inc. Financial terms weren’t announced. TruFood is contract manufacturer of branded and private-label nutrition bars, protein bars, chocolate moulded products, and baked goods.
3 min read · 19 June 2019
