West Marine, an omni-channel specialty retailer, has signed an agreement to be acquired by Monomoy Capital Partners for $12.97 per share in cash which represents a total equity value of $338 million. West Marine (NASDAQ:WMAR) is the largest specialty retailer of boating supplies and accessories, with more than 260 stores located in 38 states and […]
Archives for June 2017
Jacuzzi Acquires Hydropool and BathWraps
Jacuzzi Brands, a portfolio company of Ares Management, Clearlake Capital Group and Apollo Global Management, has completed two acquisitions with the buys of Hydropool Hot Tubs and Swim Spas (Hydropool) and BathWraps. Hydropool is a manufacturer and seller of swim spas and hot tubs and is considered to be the largest hot tub manufacturer outside […]
KLH Invests in Premiere Seals
KLH Capital has made an investment in Premiere Seals. The founders of the company – Gail and Robin Selby – partnered with KLH in a recapitalization to create a partial liquidity event while also providing the company with a new partner and capital structure to support the company’s future growth plans. Premiere Seals is a […]
Wynnchurch Acquires Stampede Meat
Wynnchurch Capital has acquired Stampede Meat, a provider of portioned, marinated and cooked beef, chicken, and other protein products. The seller was Fairmont Capital which acquired a controlling interest in the company in April 2007 from the company’s founders. Customers of Stampede include national restaurant chains, quick service restaurants, foodservice distributors, home delivery networks and […]
Platte River Closes at Hard Cap
Platte River Equity has held a final close of its fourth private equity investment fund, Platte River Equity IV, LP, at its hard cap of $625 million. Fundraising for the new fund began in March 2017 with an initial target of $550 million. The firm’s earlier fund, Platte River Equity III, LP, was raised in […]
