Brazos Private Equity has sold Southern Tide, a lifestyle apparel brand, to Oxford Industries at an enterprise value of $85 million. Brazos invested in Southern Tide in August 2013 with capital from its $715 million Brazos Equity Fund III which was raised in 2008. Southern Tide is known for its extensive selection of men’s shirts, […]
Archives for April 21, 2016
GP Investments to Buy World Kitchen
GP Investments Acquisition Corp., the publicly traded acquisition arm of GP Investments, has entered into an agreement to acquire WKI Holding Company, the parent company of World Kitchen, LLC, a manufacturer and marketer of houseware products, at an enterprise value of approximately $566 million. The projected 2016 adjusted EBITDA of World Kitchen is $78 million […]
Staple Street Acquires Mid-States Supply
Staple Street Capital has acquired the assets of Mid-States Supply Company, a distributor of industrial valves, pipe, automation products, fittings, steam specialty items and controls. The transaction was completed by a stalking horse bid through Section 363 of the US Bankruptcy Code. Mid-States’ customers are active in the refining, oil and gas, industrial and commercial […]
American Securities Buys NAPA from Moelis
American Securities has acquired NAPA Management Services Corporation, nationally known as North American Partners in Anesthesia (NAPA). Leonard Green & Partners and NAPA’s management team co-invested with American Securities on this investment. NAPA was acquired from Moelis Capital Partners which purchased the company in April 2011. NAPA is a provider of outsourced anesthesia and perioperative […]