HIG Capital, LLC (HIG), a global alternative investment firm with over USD45 billion of equity capital under management, has announced that one of its affiliates has completed the acquisition of Cesar di Barbarossa Enio e Flli Srl (Cesar), Gruppo SDA Srl Servizi Distribuzione Associati (SDA) and VDM Vaccaro Distribuzione Merci Srl (VDM) (Companies).
Retail & Leisure
Blackstone has acquired a majority stake in SPANX, Inc, a 'mission-driven' womenswear brand founded by Sara Blakely in 2000, at a valuation of USD1.2 billion – with Blakely maintaining a significant equity stake in the business.
LK Bennett, the luxury women’s clothing and fashion brand, has received a GBP4 million inventory facility from Secure Trust Bank Commercial Finance to support it as it looks to invest in future performance.
Sequential Skin Ltd, a UK/Singapore biotech start-up has raised USD1.65 million in its oversubscribed seed round – to revolutionise the future of skin health.
Beringea, a transatlantic venture capital firm, has led a GBP2 million investment into Plank Hardware, a direct-to-consumer home décor brand whose stylish hardware products have tapped into the boom in DIY and renovation projects among millennial and Gen Z consumers.
All Star Auto Lights, a specialty distributor of alternative automotive lighting parts and a portfolio company of Atlantic Street Capital, announced today its expansion into the remanufactured and aftermarket wheel category with the acquisitions of Jante Wheel and Perfection Wheel.
PAI Partners (PAI) has completed the acquisition of European Camping Group (ECG) from Carlyle, Ontario Teachers’ Pension Plan (Ontario Teachers) and Montefiore Investment (Montefiore).
Comitis Capital (Comitis) has acquired a stake in PetCo, a Austrian supplier of super premium dog and cat food.
A portfolio company of Leeds-based private equity investor Endless has acquired GBP20 million turnover party brand Ginger Ray which is based in Weybridge, Surrey.
OJ Brands' sleep brand, Kally Sleep has acquired the fast-growing online home textiles marketplace, Woven, in a bid to capitalise on the UK’s burgeoning homewares market.