Private Equity
Ascena retail group inc said May 20 that its Dressbarn brand is winding down. Ascena said the decision would have no impact on the operations of any of its other brands. Dressbarn is a women's clothing chain with about 650 stores.
2 min read · 21 May 2019
Encore Consumer Capital has made an investment in Oregon-based KYLA Inc, an alcoholic kombucha brand. No financial terms were disclosed.
2 min read · 20 May 2019
TowerBrook Capital Partners LP has made an investment in KeHE Distributors, a provider of natural and organic, specialty and fresh products to chain and independent grocery and natural food stores. No financial terms were disclosed. BMO Capital Markets was financial adviser to KeHE on the deal.
3 min read · 20 May 2019
Monarch Alternative Capital LP has acquired Shopko Optical, an eyewear provider. No financial terms were disclosed.
2 min read · 16 May 2019
Graycliff Partners LP has acquired Lakeville, New York-based Sweeteners Plus, a maker of essential liquid and dry sweeteners for quick service restaurant, specialty beverage, bakery, confectionery and pharmaceutical customers. No financial terms were disclosed.
1 min read · 14 May 2019
Webster Equity Partners has acquired Vivona Brands from Inflexion Private Equity. No financial terms were disclosed. London-based Vivona is a provider of beauty, wellness and lifestyle products. No financial terms were disclosed.
3 min read · 13 May 2019
Splash Car Wash, which is backed by Palladin Consumer Retail Partners, has acquired Middletown, New York-based Wash Co, an operator of car wash facility and laundromat. No financial terms were disclosed.
2 min read · 13 May 2019
West Lane Capital Partners LLC has acquired a majority stake in California-based Fantasy Files, a provider of specialty cosmetic products. No financial terms were disclosed.
2 min read · 13 May 2019
Kennedy Lewis Investment Management LLC seized control of Flywheel Sports last month and is working with an adviser to gauge interest from buyers, Bloomberg reported. Flywheel Sports is known for its high-intensity indoor cycling and barre classes, the story said.
1 min read · 13 May 2019
Chico's FAS Inc said May 10 that it received an unsolicited proposal from Sycamore Partners to buy the company for $3.50 a share cash. The women’s apparel retailer said its board will review the bid, which Reuters valued at $407.8 million, and determine if it’s in the best interest of shareholders. Chico’s said that it recently rejected another unsolicited offer from Sycamore for $4.30 a share cash because the offer was too low. Goldman Sachs & Co LLC is financial adviser to Chico's FAS, while Paul, Weiss, Rifkind, Wharton & Garrison LLP is legal counsel.
4 min read · 13 May 2019
