Retail

HGGC sells Planet Fitness franchisee Grand Fitness Partners to Flynn Group

As part of the transaction, Monogram Capital Partners, Grand Fitness Partners’ previous majority owner prior to HGGC's 2021 investment, also exited its remaining position.

Wynnchurch-backed Archer to acquire Sterno's food service business in carveout

Headquartered in Texarkana, Texas, Sterno is a provider of portable food-warming and tabletop solutions.

Leonard Green to sell Jetro Restaurant Depot to Sysco for $29.1bn

Jetro Restaurant Depot operates 166 large-format warehouse stores across 35 states that serve more than 725,000 independent restaurants and foodservice operators.

Ambienta invests in dairy alternatives company Bridge

The Bridge develops and produces plant-based drinks, yogurts and related products.

Grove Mountain-backed Hills Distribution acquires Bender Plumbing Supply

Hills Distribution is a provider of plumbing, HVAC and hydronic equipment and parts and supplies.

Advent to sell hair care brand Olaplex to Henkel for $1.4bn

When the deal closes, Olaplex will no longer be listed on Nasdaq and Advent will fully exit its investment.

PE dealmaking in beauty under pressure from Middle East conflict, says BCLP; Sun European buys Heathrow-based logistics biz

Sun European invests in Heathrow-based aerospace logistics company.

‘Insatiable’ demand for maintaining radar systems fuels Chimney Rock’s purchase of UEC; Advent’s Salt & Stone deal reflects PE’s appetite for beauty

Accenture's report on how much agentic AI is playing a part in M&A dealmaking is also featured.