PE-backed American Achievement acquires Gaspard
American Achievement Corp, a portfolio investment of U.S. private equity firm Fenway Partners, has agreed to buy Gaspard LP, a provider of academic regalia, clergy vestments, choral robes, and legal and judicial attire. No financial details were disclosed for the transaction that is expected to be completed in July 2015. Update: Following the acquisition's close, Gaspard will remain headquartered in Winnipeg and will continue to be led by current President and Chief Executive Officer David Blatt. The company was founded in 1909.
29 June 2015•3 mins read
