Private Equity
Secaucus, New Jersey-based MidOcean Partners has exited its investment in Freshpet, a maker of fresh, refrigerated foods for dogs and cats. No financial terms were disclosed.
2 min read · 10 June 2019
Twin Falls, Idaho-based BBRC Private Equity has made an investment in Plant Therapy, a provider of essential oils and accessories. No financial terms were disclosed. Focal Point, Glaser Weil and Green Hasson & Janks advised Plant Therapy on the transaction while Seward & Kissel and CohnReznick did likewise for BBRC Private Equity.
3 min read · 10 June 2019
Elliot Management is buying Barnes & Noble Inc in a deal valued at $475 million, according to regulatory filings. Including debt, the transaction is valued at $683 million, the Wall Street Journal reported. Once the deal closes, Elliot will own both Barnes & Noble and U.K. book chain Waterstones, the WSJ said.
1 min read · 10 June 2019
Travelstart, which is backed by Amadeus Capital Partners and HarbourVest, is buying the Club Travel Group. Financial terms weren’t announced. Thebe Tourism Holdings is selling. Club Travel, of Capetown, is a travel agency with over 400 branded and non-branded franchises and a corporate travel division. Thebe and Travelstart will jointly invest in and own Club Travel Corporate, a level one B-BBEE rated division of Club Travel Group.
4 min read · 10 June 2019
Hillhouse Capital Management said June 6 that it is buying Loch Lomond Group from Exponent Private Equity. Financial terms weren’t announced. Loch Lomond, of Scotland, is a whisky producer.
5 min read · 06 June 2019
Hallmark Business Connections, the business-to-business subsidiary of Hallmark Cards Inc, said June 5 that it sold its incentives business to InComm Inc. Financial terms weren’t announced. Warburg Pincus acquired InComm in 2012, PitchBook said.
2 min read · 06 June 2019
Artisan Design Group, which is backed by The Sterling Group, has acquired Boynton Beach, Florida-based Heritage Capital & Tile, a provider of design center and installation services for flooring and complimentary products such as shower enclosures, mirrors and window treatments. No financial terms were disclosed.
2 min read · 05 June 2019
Peak Rock Capital has agreed to sell Lew's to BDT Capital. No financial terms were disclosed. Lew's is an outdoor consumer products company. The deal is expected to close in several weeks. Robert W Baird & Co was financial adviser to Lew's on the transaction with McDermott Will & Emery LLP providing legal advice.
3 min read · 05 June 2019
Manna Pro Products, which is backed by Morgan Stanley Capital Partners, has agreed to buy Dallas-based Hero Pet Brands, a provider of solutions to pet owners that include nutrition, grooming, waste pickup and cleanup.
2 min read · 04 June 2019
Riverside Co said June 4 that it acquired La Galvanina SpA. Financial terms weren’t announced. Galvanina is an Italian producer of premium private label and branded mineral water and traditional and organic soft drinks. The Mini family are the sellers.
3 min read · 04 June 2019
