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Fashion brand True Religion acquired by Acon Investments

Private Equity Insights

True Religion announced on Tuesday that private equity firm Acon Investments has acquired a majority stake in the company. Equally, earnings before interest, taxes, depreciation, and amortisation (EBITDA) reached $80m. Similarly, Vera Wang was purchased by brand management firm WHP Global in December.

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KSL Capital acquires in a $1.4bn deal the owner of 25 U.S. luxury hotels

Private Equity Insights

Private equity firm KSL said on Monday it intends to buy Hersha Hospitality Trust , the owner of 25 U.S. The move would take private Hersha at an approximately 60% premium to the real-estate investment trust’s closing stock price on Friday. luxury hotels appeared first on Private Equity Insights.

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 TPG Weighs $400m Sale of Mendocino Farms

Private Equity Insights

Private equity firm TPG Inc is exploring options for Mendocino Farms, including a sale that could value the fast-casual restaurant chain at over $400m, according to people familiar with the matter. read more Mayfair Equity Partners Cashes Out of YO! Source: Yahoo! Finance Can’t stop reading?

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Bain Capital Eyes $6bn Exit for Varsity Brands

Private Equity Insights

Bain has been interviewing investment banks to hire financial advisers that will help the private equity firm come up with a plan to cash out on its majority stake in Varsity Brands, the sources said. Varsity kept the yearbooks business when it sold Herff Jones to private equity firm Atlas Holdings earlier this year.

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Summit Partners explores $2bn sale of personal care brand Dr Squatch

Private Equity Insights

Private equity firm Summit Partners is considering a sale of Los Angeles-based portfolio company and men’s grooming and personal care brand Dr Squatch at an expected value of more than $2bn, according to a report by Reuters. Source: Private Equity News Can’t stop reading? in a deal that. in a deal that.

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Clifford, W&C aid CVC acquisition of Japan’s Sogo Medical

Private Equity Insights

Clifford Chance and White & Case (W&C) have steered CVC Capital Partners, a global private equity firm, in its acquisition of Japanese pharmacy operator Sogo Medical Group for USD1.2 Deal Australian investment firm HMC Capital has acquired North American digital infrastructure investor.

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Michelin acquires Flex Composite Group from IDI for €700m

Private Equity Insights

Compagnie Générale Des Etablissements Michelin has acquired Flex Composite Group from the French private-equity firm IDI for €700m including debt. read more EQT to Sell Danish Company Ellab to Novo Holdings Swedish private-equity firm EQT said that together with its co-shareholders it has agreed to sell.