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WHP Global, a newly launched brand management platform, has secured $200 million in funding. The investor was Oaktree Capital Management LP.
Slim Chickens, a fast casual restaurant franchise, has secured an investment from 10 Point Capital. No financial terms were disclosed.
HGGC said July 17 that it has agreed to sell a minority stake in Nutraceutical International Corp to Snapdragon Capital Partners LLC and The Maze Group LLC. Financial terms weren’t announced. Nutraceutical, of Park City, Utah, makes, markets and distributes branded natural products, including supplements, personal care, and other natural products sold primarily through domestic health and natural food stores, as well as specialty stores and online.
Incline Equity Partners has recapitalized Wholesale Supplies Plus, a distributor of raw materials, supplies and packaging used in the production of soap, lotion, cosmetics and candles as well as other personal care products by professional crafters. No financial terms were disclosed for the transaction that was done in partnership with WSP management.
EagleTree Capital said July 15 that it acquired a majority of Invincible Boat Co. Financial terms weren’t announced. Invincible Boat, of Opa Locka, Florida, makes and sells high-performance semi-custom saltwater fishing boats.
An investor consortium led by Paris-based private equity firm PAI Partners has made a formal offer to acquire Dutch food maker Koninklijke Wessanen in a deal that values the latter at $996 million, reported Reuters. PAI said it planned to acquire the Dutch company in April.
North Castle Partners has invested in Echelon Fit. Financial terms weren’t announced. Echelon is a home indoor exercise bike with on demand and live classes.
H.I.G. Growth Partners has made an undisclosed investment in MedPro, the affiliated management services organization for Soderstrom Skin Institute. Edgemont Partners was the financial adviser to MedPro on the transaction.
North Castle Partners has made an investment in CR Fitness, a franchisee group in the Crunch Fitness network in the Southeastern U.S. No financial terms were disclosed. Harris Williams served as financial adviser to North Castle while Piper Jaffray & Co did likewise for CR Fitness.
Permira has agreed to acquire a majority stake in Los Angeles-based Reformation, a sustainable fashion brand. No financial terms were disclosed. Goldman Sachs was financial adviser to Reformation while Morgan Stanley did likewise to Permira. The transaction is expected to close in the third quarter of 2019.
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