Desjardins-backed Bugatti-Sedona acquires Bond Street
Bugatti-Sedona Inc, a designer, importer and distributor of business accessories, has bought Bond Street Ltd, a New York-based provider of travel wallets, briefcases, writing cases and related merchandise under the Bond Street and Stebco brands. The financial terms of the transaction were not released. Based in Montréal, Bugatti-Sedona was established in June 2013, following the acquisition of Guarantee Handbags Co Ltd. Partnering in that deal was Capital régional et coopératif Desjardins, a retail fund managed by Canadian private equity firm Desjardins Capital de risque, and Investissement Québec. Bugatti-Sedona's purchase of Bond Street is the first in an expected series of add-on acquisitions.
23 September 2014•3 mins read
