Private Equity
Protective Industrial Products Inc, a portfolio company of Audax Private Equity, has agreed to acquire Cincinnati, Ohio-based West Chester Protective Gear, a provider of personal protective equipment. No financial terms were disclosed.
3 min read · 07 February 2019
Lightspeed POS, a Montréal-based point-of-sale solution for retailers, restaurants and e-commerce businesses, has filed a preliminary prospectus with Canadian regulators for an initial public offering. The company has not yet determined the number and price of subordinate voting shares to be sold on the Toronto Stock Exchange. BMO Capital Markets, National Bank Financial and J.P. Morgan Securities Canada are the IPO’s lead underwriters and joint bookrunners. Founded in 2005 by CEO Dax Dasilva, Lightspeed raised about $166 million in a Series D financing in 2017, the largest round for a Canadian IT company in 25 years. Caisse de dépôt et placement du Québec led and was joined by IQ, iNovia Capital and Silicon Valley Bank.
2 min read · 07 February 2019
Levine Leichtman Capital Partners has acquired Willowbrook, Illinois-based Club Champion, a provider of custom fitting services and golf equipment in the U.S. No financial terms were disclosed. Kirkland & Ellis LLP advised LLCP on the deal.
2 min read · 07 February 2019
Hydrow by CREW, a live outdoor reality rower, has secured an undisclosed amount of funding. L Catterton was the lead backer.
3 min read · 07 February 2019
Topix, which is backed by New Mountain Capital, has acquired Newbury Park, California-based ClarityRx, a provider of skincare products. No financial terms were disclosed. Stubbs Alderton & Markiles LLP served as legal advice to ClarityRx on the deal while Lowenstein Sandler LLP did likewise for Topix and New Mountain Capital.
3 min read · 06 February 2019
Equity38 LLC has made an investment in TRX, a provider of functional training solutions. No financial terms were disclosed.
4 min read · 06 February 2019
Platinum Equity has acquired Pro-Mark, the parent company of irrigation products providers Orbit Irrigation and Hydro-Rain. No financial terms were disclosed.
3 min read · 06 February 2019
L Catterton has made an investment in Grupo MYT, a designer and operator of restaurant brands in Mexico. No financial terms were disclosed.
3 min read · 06 February 2019
The Carlyle Group has agreed to sell UK-based healthy snack brand Graze to Unilever. No financial terms were disclosed.
4 min read · 06 February 2019
Caliber Collision, which is backed by OMERS and Leonard Green & Partners LP and Abra Auto Body Repair of America, a portfolio company of Hellman & Friedman, have closed their previously announced merger. No financial terms were disclosed. The newly combined company will create a collision repair provider. As part of the transaction, Hellman & Freidman LLC is now the majority shareholder of the combined company while OMERS and LGP remain significant minority shareholders.
5 min read · 05 February 2019
