New for Modern Retail: Nexus Capital Management, the Los Angeles-based private equity firm that also just bought Dollar Shave Club, has offered to buy Big Lots. From vitamin gummies to standardized tests, their investments have run the gamut. I talked to restructuring pro Seth Kleinman of Morrison Foerster, DTC/consumer expert Daniel McCarthy and retail analyst Neil Saunders about what to expect from the potential acquisition. #retail #biglots #acquisitions #privateequity
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Shurgard UK agrees to £378m takeover of Farnborough’s Lok'nStore Self-Storage 🤝📦 Shurgard looks set to take over rival self-storage group Lok’nStore in a deal worth £378 million. Headquartered in Hampshire, Lok’nStore has 32 sites across the South East and five in Manchester – two areas where Shurgard is looking to increase its footprint. It has another eight properties under development. The acquisition is expected to bring job cuts, both on and away from storage sites. Shurgard warning that ‘the majority of roles’ across the Lokn’Store’s administrative and head office functions will likely be lost over the coming 12 months. Lok’nStore shareholders are set to receive 1,110p per share as part of the deal – 15.9 per cent higher than the stock’s closing price of 958p on Wednesday, and higher than its all-time peak of 1,085p in early 2022. Andrew Jacobs, chair of Lok’nStore, said... Continue reading... https://lnkd.in/ezfrBNeA #deals #acquisitions #millions #finance #storage #logistics #businessnews #businessintelligence
Shurgard agrees to £378m takeover of Farnborough’s Lokn’Store
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1847 Holdings (NYSE: EFSH) Soars: Insights, Acquisitions, and What Lies Ahead 1847 Holdings LLC (NYSE: EFSH) has been on fire the past two trading sessions. Amidst these volatile sessions came explosive gains, peaking at over 60%. Additionally, there has been significant traction from retail investors who appear to be jumping in after exciting announcements. Could EFSH be worth keeping an eye on for the long haul […] The post 1847 Holdings (NYSE: EFSH) Soars: Insights, Acquisitions, and What Lies Ahead appeared first on Micro Cap Daily.
1847 Holdings (NYSE: EFSH) Soars: Insights, Acquisitions, and What Lies Ahead
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Everyone wants their merger or acquisition to be successful... but sometimes, they simply don't work out. And while it can feel difficult to tell what will work and what won't, there are some red flags you can look out for to mitigate loss and avoid unsuccessful M&As as much as possible. For example, it's a good idea to look out for businesses that want to pay for an acquisition with stock; this increases the likelihood of failure. It's also not a good sign if the business that's acquiring another company has a lower market value than the business they're acquiring. "Integration problems tend to be severe in large acquisitions," says Martin Fridson. What are some things you look out for when it comes to mergers and acquisitions? #MergersAndAcquisitions #BusinessStrategy #MADeals
Tips On Spotting Doomed M&A Deals
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Tamarix Equity Partners, a trusted partner to family and founder-owned businesses across North America, is pleased to announce the sale of its portfolio company, Playa Bowls, to Sycamore Partners. Playa Bowls is a healthy fast-casual restaurant franchisor featuring açai bowls, smoothies and related offerings. As of our investment in July 2021, Playa Bowls had 26 company-owned and 87 franchised locations. In just over three years of majority ownership, Tamarix led the company’s strategic expansion alongside new members of senior management, with a focus on new store openings, organic store-level growth, enhancement of margins through food and labor initiatives, and professionalization of the corporate platform. Through these strategies and others, Tamarix was able to drive industry-leading unit economics that resulted in growing demand for franchised locations. As of our exit, Playa’s store count had grown to approximately 270 locations across 22 states, with more than 100 additional locations in the pipeline. "Consistent with our strategy of investing first institutional capital into founder-owned businesses, Tamarix is proud to have helped build Playa Bowls into a leading national franchise platform. During our ownership, Playa added more than 150 franchised locations and professionalized the platform to streamline future growth. We are thrilled with the outcome of this transaction and look forward to watching Playa Bowls' continued expansion," said Mark Hauser, Managing Partner of Tamarix Equity Partners. About Tamarix Equity Partners Tamarix Capital, founded in 1993, is a New York-based private equity firm that invests first institutional capital into family and founder-owned businesses. The Tamarix team has invested more than $1 billion since its inception. Tamarix Equity Partners seeks to build best-in-class companies in partnership with management teams, utilizing the firm's experience, capital, and network to support accelerated growth strategies. For more information on Tamarix Equity Partners, visit https://lnkd.in/gjMCr6Za. Press Releases: https://lnkd.in/gfT_9v8f https://lnkd.in/epbB4UtE https://lnkd.in/ezmZG46s
Tamarix Equity Partners
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Red Flags for M&A Failure. The authors of The M&A Failure Trap: Why Most Mergers and Acquisitions Fail and How the Few Succeed, identify several characteristics that gave the deal even worse odds than the 70%-75% overall failure rate they found in their study of 40,000 transactions over a 40-year period. (That is double the failure rate for internal projects reported by Wrike.)
Tips On Spotting Doomed M&A Deals
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Blackstone has agreed to acquire Jersey Mike's Subs for $8 billion, including debt, with the deal expected to close in early 2025. This acquisition is part of Blackstone’s strategy to support Jersey Mike’s expansion both within the U.S. and internationally. Founded in 1956, Jersey Mike's has grown to over 3,000 locations, and CEO Peter Cancro, who has led the company since 1975, will retain an equity stake and continue to lead post-acquisition. The acquisition follows a trend of major investments in fast-casual dining, similar to Roark Capital's $9.55 billion purchase of Subway in 2023. Blackstone, which has been actively investing in food franchises like 7 Brew Coffee and Tropical Smoothie Cafe, aims to help Jersey Mike’s reach its growth potential. The deal includes an earn-out component tied to the opening of Jersey Mike's 4,000th store. Read More Here: https://lnkd.in/gN6deA96 Branded Hospitality Ventures #Acquisition #Finance #Investing #Growth Hospitality Hangout Podcast Steve Ells David A. Brandon Chris Kempczinski Brian Niccol Danny Meyer David Novak Stephen A. Schwarzman
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🏛️ The Acquisition company Selkirk Group raise 7.5 Million Euros via its IPO offering on 7th November 2024! 💰 Company Overview: ↩️ Selkirk Group PLC - London-based acquisition vehicle focused on consumer, technology and digital media sectors in the UK. ↩️ Selkirk prices its IPO on AIM in London at GBP0.024 per share, giving the company a starting market capitalisation of GBP10 million. ↩️ At that price, it will raise GBP7.5 million in the placing and subscription of shares that was run by Zeus Capital Ltd as part of the IPO, in line with the target it had set last month. ↩️ Prior to the IPO, Selkirk was half owned by London-listed investor Kelso Group Holdings PLC and half by funds controlled by Belerion Capital Group. ↩️ Their holdings will fall to 18.1% and 16.6%, respectively. Terry Leahy, the former chief executive officer of grocer Tesco PLC, will have just under a 10% stake following the IPO. ↩️ Selkirk aims to buy a company with an enterprise value of between GBP30 million and GBP1 billion in a reverse takeover. 💰Selkirk Group PLC IPO Details: ↩️ The Company Shares will start trading on November 7,2024 on Thursday this week. ↩️ Price: The IPO price was GBP0.024 per share, giving the company a starting market capitalization of GBP10 million. ↩️ Number of shares: 415,937,487 ordinary shares were admitted to trading. ↩️ Transfer restrictions: There are no restrictions on the transfer of shares. ↩️ Raising funds: The IPO raised GBP7.5 million. ↩️ Listing: U.K. investing company Selkirk said it intends to list on the Alternative Investment Market (AIM) of the London Stock Exchange and raise gross proceeds of 7.5 million pounds. ↩️ Ownership: Before the IPO, Selkirk was half owned by Kelso Group Holdings PLC and half by Belerion Capital Group. After the IPO, their holdings fell to 18.1% and 16.6%, respectively. ↩️ New stake: Terry Leahy, the former CEO of Tesco PLC, will have just under a 10% stake after the IPO. ↩️ Focus: Selkirk is a London-based acquisition vehicle that focuses on the UK's consumer, technology, and digital media sectors. ↩️ Goal: Selkirk aims to buy a company with an enterprise value of between GBP30 million and GBP1 billion in a reverse takeover. ↩️ Nominated adviser and broker: Zeus Capital Ltd was the nominated adviser and broker for the IPO. 🌐 spinvests.com ✉[email protected] 📞 +91 81001 29292 🚀 Supporting Document Link: https://lnkd.in/e-8dUwUz
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🌟 Exciting #Acquisition from Warpaint London plc 🌟 Warpaint London plc and Brand Architekts PLC have agreed on the terms of a Recommended #Cash Acquisition, valuing Brand Architekts at approximately £13.88 million. The acquisition reflects a 100% premium on Brand Architekts' closing share price on 4 December 2024. Key Highlights: 🔹 #Cash Offer: 48p per share 🔹 Alternative #Share Offer: Eligible shareholders may opt to receive 0.0916 New Warpaint Shares per Brand Architekts share (valued at 48p). 🔹 #Strategic Fit: Brand Architekts' complementary brands and customer base will enhance Warpaint’s portfolio, creating new #growth opportunities and driving #efficiency. 🔹 Recommendations: Both #boards unanimously support the acquisition, citing benefits for #shareholders, #customers, and #employees. 💄 Sam Bazini CEO of Warpaint, said: "The proposed acquisition of Brand Architekts provides an attractive strategic #opportunity to supplement our on-going international organic growth by integrating Brand Architekts' highly complementary brands into Warpaint's portfolio and leveraging the enhanced range of #brands across a wider number of customer relationships..." 🎯 Roger McDowell, Chair of Brand Architekts, said: "...The Acquisition will strengthen the enlarged business for the benefit of all our customers, employees and other #stakeholders. The Brand Architekts Directors believe this Acquisition is in the best interests of its shareholders and as such are unanimously recommending the Acquisition to its shareholders." The transaction is expected to complete in #Q12025, pending shareholder and regulatory approvals. 📄 Full #details, including terms, shareholder guidance, and the timetable, are available in the announcement - https://lnkd.in/eJqBSHTv #Acquisition #BusinessGrowth #WarpaintLondon #BrandArchitekts Warpaint Cosmetics Adam Kay Tim Metcalfe Florence Chandler Patrick Castle Lucy Bowden Tessa Trevelyan Thomas Clive Garston Simon Fine
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#Business | 💰 Blackstone could bid up to ₹78,000 crore for Haldiram’s! However, they haven’t submitted a new bid since May 2024 due to valuation disagreements. 🏷️🔍 Learn more⏬ https://lnkd.in/dHEqgyEW #Blackstone #Haldirams #May #Acquisiton #Valuations
Blackstone may bid as much as Rs 78,000 crore for Haldiram’s
moneycontrol.com
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Exit Factor™, a business consulting franchise specializing in exit planning for small to mid-sized companies, has announced the opening of its newest location in Lexington, MA. Co-owners Megan Kearney and Todd Enghauser bring over 25 years of combined experience in mergers, acquisitions, buying, scaling, and exiting businesses. 'Entrepreneurs pour their passion and energy into building their companies,' said Megan, franchise co-owner. 'It's crucial that when the time comes to transition, they are positioned to maximize the value they've created. Our goal is to help fellow entrepreneurs in the local community by guiding them through the various pathways to exit.' The Exit Factor program is designed to help owners maximize profit, efficiency, and value from day one, even if a sale isn't immediately planned. Participants earn back an average of $2,700 in exit value for every hour spent in the program, with clients seeing a 25% increase in profit and a 56.7% increase in business value within the first year. Founded by best-selling author and small-business advocate Jessica Fialkovich, Exit Factor aims to ensure businesses thrive through transitions and owners are confident about their future. #BusinessConsulting #ExitPlanning #FranchiseExpansion Exit Factor
Exit Factor Expands Business Consulting Services to Lexington, MA
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