PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

Golden Gate Capital portfolio company aquires Linen Source

Orchard Brands Corporation, a portfolio company of private equity firm Golden Gate Capital, has acquired Linen Source from The Thompson Group.

Investment bank Tully & Holland initiated the transaction and acted as the exclusive investment banking advisor to Linen Source, a direct maketer of premium bedding and home furnishings. Linen Source will now benefit from access to Orchard Brands extensive customer file.

As a USD1.1bn multi-channel marketer of apparel and home products, Orchard Brands acquired Linen Source to broaden its product offering and provide a diverse selection of high quality bedding and home décor products to its target customer.

 

The sale of Linen Source represents the second transaction Tully & Holland completed for The Thompson Group in 2010. This sale, in combination with the sale of Casual Living USA, sold to Boston Apparel Group, a portfolio company of Monomoy Capital Partners, LP completes the restructuring of The Thompson Group.

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured

Blackstone Private Equity