Private Equity
Palladin Consumer Retail Partners has acquired 13 Pure Barre studios. No financial terms were disclosed. Backed by Xponential Fitness, Pure Barre is a fitness franchise.
4 min read · 24 June 2019
L Catterton has agreed to acquire Irving, Texas-based Del Frisco's Restaurant Group, a restaurant operator, for about $650 million. Piper Jaffray & Co served as financial adviser to Del Frisco's and its board of directors with Kirkland & Ellis LLP providing legal counsel. And, Credit Suisse served as financial adviser to L Catterton while Gibson Dunn LLP served as legal adviser.
5 min read · 24 June 2019
Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a deal valued at $18 billion including debt, Reuters reported. The deal values Caesars at $13 billion, the story said.
1 min read · 24 June 2019
Falfurrias Capital Partners has agreed to acquire Richmond, Virginia-based C.F. Sauer's food business. No financial terms were disclosed. RBC Capital Markets is serving as financial adviser to C.F. Sauer on the deal.
4 min read · 21 June 2019
Sycamore Partners has lowered its unsolicited bid for Chico's FAS Inc to $3 per share or $350 million cash. Chico’s, a women’s retailer, said it would “carefully review” the proposal but has previously reviewed and rejected higher offers from Sycamore.
4 min read · 20 June 2019
AUA Private Equity Partners LLC said June 18 that it acquired the assets of TruFood Mfg Inc. Financial terms weren’t announced. TruFood is contract manufacturer of branded and private-label nutrition bars, protein bars, chocolate moulded products, and baked goods.
3 min read · 19 June 2019
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
