Private Equity
United PF Partners, the largest Planet Fitness franchisee, has acquired 26 Planet Fitness clubs in the in the Arkansas, Tennessee, Missouri, Mississippi and Illinois markets. No financial terms were disclosed. United PF is backed by JLM Financial Partners and Eagle Merchant Partners.
3 min read · 18 June 2019
Roberto Cavalli, the fashion house, is close to a decision on a buyer, Private Equity News reported. Cavalli has received five offers, including three binding offers for 100 percent of the company, the story said. Cavalli is backed by Clessidra Capital Partners.
1 min read · 18 June 2019
Butterfly has acquired Bolthouse Farms from Campbell Soup Company for $510 million in cash. California-based Bolthouse Farms is a provider of natural, healthy products.
2 min read · 17 June 2019
Palamon Capital Partners has agreed to sell Il Bisonte, an Italian maker of hand-crafted luxury leather handbags, briefcases, wallets, belts and stationary accessories, to Look Holdings Inc. The transaction puts Il Bisonte at a valuation of 100 million euros.
3 min read · 13 June 2019
FFL Partners is considering options, including a sale, for Church’s Chicken, Bloomberg reported. FFL is seeking $350 million or more for Church’s, a fast food chain, the story said.
1 min read · 13 June 2019
Jack’s Family Restaurant, which is backed by Onex, is considering a sale, the Wall Street Journal reported. North Point Advisors is providing financial advice to Jack’s, which is expected to produce more than $80 million Ebitda in 2019, the story said.
1 min read · 13 June 2019
Regis Corp said June 13 that it sold 96 of its California-based Supercuts salons to Moxie Management Group. Financial terms weren’t announced. Moxie is a portfolio company of Spanos Barber Jesse & Co. Supercuts is a chain of hair salons.
3 min read · 13 June 2019
SoftBank Vision Fund and SoftBank Latin America Fund have invested in Gympass. Financial terms weren’t announced. Both funds are joining Gympass's existing investors General Atlantic, Atomico, and Valor Capital Group. Gympass is a corporate fitness platform.
3 min read · 12 June 2019
Versa Capital Management LLC has agreed to sell Polartec to Milliken & Company. No financial terms were disclosed. Based in Andover, Massachusetts, Polartec is a provider of performance textiles for outdoor and military apparel. No financial terms were disclosed.
4 min read · 11 June 2019
YFM Equity Partners is investing 5 million pounds in Tonkotsu for a minority stake. UK-based Tonkotsu is an operator of ramen restaurants.
3 min read · 11 June 2019
