PNC Mezzanine Capital has made a $10.5 million subordinated debt investment to support growth initiatives of Grimaldi’s Pizzeria. The new capital will be used to open locations in new and existing markets, both domestically and internationally. Grimaldi’s Pizzeria is an American pizzeria chain that is renowned for its coal-fired brick oven cooked pizzas. Grimaldi’s does […]
Archives for April 2017
CVC Acquires Swiss Watchmaker Breitling
CVC Capital Partners has agreed to acquire an 80% stake in Breitling SA, a family-owned manufacturer of Swiss luxury watches and an internationally renowned premium brand. The transaction values the company at approximately €800 million or $873 million. Théodore Schneider, the company’s current owner, will re-invest capital from the transaction and he will own a […]
Levine Leichtman Buys Ugly Houses
Levine Leichtman Capital Partners (LLCP) has acquired HomeVestors of America from Franchise Brands LLC. HomeVestors’ senior management team partnered with LLCP on this transaction. HomeVestors of America is a privately owned real estate company that sells We Buy Ugly Houses franchises to investors. The franchisees provide real estate services by buying homes in need of […]
L2 Buys Online Rug Seller
L2 Capital has completed the acquisition of Winchester Carpet and Rugs, an online retailer of area rugs. Winchester Carpet and Rugs is an online specialty retailer of area rugs and other complementary home décor items. The company has more than 180,000 SKUs and generates annual page views in excess of 46 million from consumers and […]
Encore Exits Thanasi Foods
Encore Consumer Capital has completed the sale of Thanasi Foods, marketer of the Duke’s and BIGS snack brands, to Conagra Brands. Encore invested as a minority partner in Thanasi Foods in 2015 to provide liquidity to some of the company’s early investors. Thanasi Foods is a considered to be an innovator in the snacking sector and […]
