MidOcean Partners and Bruckmann, Rosser, Sherrill & Co. have agreed to sell their portfolio company Totes-Isotoner to Investcorp and Freeman Spogli & Co. Totes-Isotoner is a world leader in the design, marketing and distribution of functional accessories including umbrellas, gloves, hats, scarves, rubber footwear and slippers. In 1997, Totes and Isotoner merged to form Totes…...
Archives for April 23, 2014
Blue Point Capital Acquires OrthoLite
Blue Point Capital Partners has acquired OrthoLite, a supplier of insoles and related shoe components. This acquisition is the first platform investment for Blue Point III, the firm’s third middle-market buyout fund. OrthoLite is a supplier of open cell foam insoles found in more than 140 million athletic, casual, dress, work and outdoor shoes each…...
Olympus Acquires Pregis North America
Olympus Partners has agreed to acquire Pregis Corporation North America, a protective packaging materials and systems manufacturer and a portfolio company of AEA Investors. AEA first invested in Pregis in 2005. “Olympus Partners looks for enterprises that have established a leading market position and have a strong management team. We believe that such companies will…...
Apollo Acquires Classic Party Rentals
Classic Party Rentals, an event rental and services provider, has announced that Apollo Global Management submitted the winning offer to acquire substantially all of the business of Event Rentals (DBA Classic Party Rentals). The acquisition of Classic Party Rentals is subject to the execution of an asset purchase agreement and approval by the United States…...
Sverica Closes Sale of Accuvant to Blackstone
Sverica International has closed its sale of a majority stake in Accuvant, a provider of information security and services, to Blackstone. Sverica International, which first invested in Accuvant in July 2008, has retained a minority interest in the business and remains active on the Board of Directors. “We are thrilled to have been partners with…...
