Private Equity
Apollo Global Management has put Qdoba Restaurant Corp up for sale, Bloomberg reported, citing Qdoba’s CEO. Qdoba could sell for more than $550 million, including debt, the story said.
1 min read · 19 November 2019
Woodstream Corporation, a portfolio company of Vestar Capital Partners, has acquired Milwaukee-based Dynamic Solutions Worldwide, a maker of DynaTrap insect traps. No financial terms were disclosed.
3 min read · 18 November 2019
PlayMonster LLC, which is backed by Audax Private Equity, has acquired the assets of Ann Arbor, Michigan-based Kahootz Toys, a kids arts and crafts company. No financial terms were disclosed.
3 min read · 15 November 2019
Encore Consumer Capital has made an investment in Greenbelt, Maryland-based Murray's Inc, a maker of frozen French toast sticks and bites. No financial terms were disclosed.
2 min read · 14 November 2019
Sun Capital Partners Inc has sold Newark, Delaware-based Horizon Group Holdings Inc, a residential provider of heating, air conditioning, plumbing and electrical services. The buyer was New Mountain Capital. No financial terms were disclosed.
2 min read · 13 November 2019
Alston Investments Inc, a new firm formed by Canadian investors with "significant" retail experience, has agreed to acquire Montreal-based Bouclair Inc, a home decorating retail chain. No financial terms were disclosed. The deal is expected to close before the end of the year.
3 min read · 13 November 2019
Henkel has agreed to acquire DevaCurl, a provider of hair care and styling products for curly and wavy hair from Ares Management Corp's private equity group. No financial terms were disclosed.
3 min read · 11 November 2019
Main Post Partners has made an investment in SUGARED + BRONZED, a provider of hair removal and sunless tanning services. No financial terms were disclosed. Piper Jaffray & Co served as financial adviser to SUGARED + BRONZED on the transaction.
4 min read · 11 November 2019
Canadian retailer Hudson’s Bay Co has closed its previously announced sale of department store chain Lord + Taylor to Le Tote Inc, a San Francisco-based fashion rental subscription service. The purchase price was C$99.5 million (US$75 million). As part of the deal, Le Tote has acquired the Lord + Taylor brand and related intellectual property as well as the operations of 38 stores, Lord + Taylor digital channels and the associated inventory. Le Tote's backers include Andreessen Horowitz, Azure Capital Partners, GV, Lerer Hippeau Ventures, Sway Ventures and Y Combinator.
2 min read · 08 November 2019
Los Angeles-based private equity firm Butterfly has agreed to acquire a majority stake in Irvine, California-based Orgain, a producer of organic and clean nutrition products. No financial terms were disclosed. Ontario Teachers’ Pension Plan, a limited partner of Butterfly, will also be a new minority investor in Orgain. Kirkland & Ellis LLP and The Giannuzzi Group LLP provided legal advice to Butterfly and Orgain, respectively. And, Piper Jaffray served as financial adviser to Orgain.
4 min read · 08 November 2019
