- Truist Bank provided the debt financing for the transaction
- A&A was founded in 1938
- Based in Austin, Acacia invests in businesses ranging in enterprise value from $50 million to $300 million
Acacia Partners has recapitalized Baltimore-based A&A Global Industries, a distributor of novelty toys, candy, and redemption prizes to family entertainment centers, vending route operators, and amusement companies. No financial terms were disclosed.
A&A represents Acacia’s sixth platform investment since its founding in 2013.
“A&A is part of a growing trend in entertainment and retail,” said Jeff Sokol of Acacia Partners in a statement. “We see many years of strong unit growth ahead for family entertainment centers, and A&A will be a valued partner to support the industry’s expansion.”
Truist Bank provided the debt financing for the transaction.
A&A was founded in 1938.
Based in Austin, Acacia invests in businesses ranging in enterprise value from $50 million to $300 million.
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