Batteries Plus Bulbs, a multi-channel retailer of batteries, light bulbs and device repair services, has been acquired by Freeman Spogli & Co., the company’s management team, and other investors. The seller of Batteries Plus Bulbs was Roark Capital Group which acquired the company in November 2007 from its founding owner Ron Rezetko. Batteries Plus Bulbs […]
Archives for July 12, 2016
Onex and Baring Asia to Buy IP and Science Biz
Onex Corporation and Baring Private Equity Asia have agreed to acquire the intellectual property & science business (IP&S) of Thomson Reuters for $3.6 billion. It is estimated that IP&S has annual revenues of approximately $1 billion with a 32% EBITDA margin. The transaction is expected to be funded with an equity investment of $1.6 billion […]
Snow Phipps Buys Winchester from Audax
Snow Phipps Group has acquired Winchester Electronics, a portfolio company of Audax Private Equity. Winchester is a designer and manufacturer of connectors and cable assemblies used in military; aerospace; medical; semiconductor; data infrastructure; test & measurement; and oil & gas applications. Company brand names include Bomar, Cadillac, Clements National, Continental, Kings, Source Technology, SRC Haverhill, […]
Juggernaut Acquires Mitchell & Ness
Juggernaut Capital Partners has acquired the assets of Mitchell & Ness Nostalgia Co. from Adidas Group. Mitchell & Ness is a seller of licensed retro athletic apparel and headwear. The company holds licenses with Major League Baseball, the National Basketball Association, the National Football League, the National Hockey League, Major League Soccer, and the NCAA. […]
Ex-Wyndham Chairman Joins ClearPoint
Kenneth May has been named as a new Operating Director at ClearPoint Investment Partners, an investor in lower middle-market business services and financial processing companies. Mr. May is a longtime veteran of the travel, hospitality, and consumer services sectors. Mr. May was previously the Chairman and Chief Executive Officer of Group RCI (now Wyndham Vacation […]