M&A Deal Summary

Retail and Restaurant Growth Capital Acquires Progressive Concepts

On April 1, 2001, private equity firm Retail and Restaurant Growth Capital acquired retailer Progressive Concepts

Acquisition Highlights
  • This is Retail and Restaurant Growth Capital’s 4th transaction in the Retail sector.
  • This is Retail and Restaurant Growth Capital’s 6th transaction in the United States.
  • This is Retail and Restaurant Growth Capital’s 1st transaction in Illinois.

M&A Deal Summary

Date 2001-04-01
Target Progressive Concepts
Sector Retail
Buyer(s) Retail and Restaurant Growth Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Progressive Concepts

Streamwood, Illinois, United States
RRGC co-led and participated in the acquisition of this specialty retailer and wholesaler of wireless communication services, home security systems and consumer electronics.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Retail and Restaurant Growth Capital

Plano, Texas, United States

Investor Investor


Category Private Equity Firm
Founded 1996
PE ASSETS 60M USD
Size Small
Type Sector Focused
DESCRIPTION

Retail & Restaurant Growth Capital (RRGC) is a private investment partnership that provides mezzanine capital to growth businesses operating in the retail and restaurant sectors. Specific areas of interest include 'unit-driven retail, restaurant and service businesses', e-commerce, catalog and consumer services, suppliers, and providers of business services including internet, logistics, outsourcing and technology. RRGC looks to invest $1 to $3 million per transaction to help fund buyouts, growth financings, recapitalizations, or acquisitions. RRGC is licensed as a SBIC and is based in Plano, Texas.


DEAL STATS #
Overall 6 of 8
Sector: Retail M&A 4 of 5
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 6 of 8
Year: 2001 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-11-01 Walkings

United States

RRGC provided growth financing for this expansion stage specialty retailer of walking shoes and related accessories.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-07-01 PureBeauty Salons & Boutiques

Golden Valley, Minnesota, United States

RRGC provided growth financing for this expansion stage specialty retailer of beauty products and salon services.

Buy -