M&A Deal Summary

CHB Capital Partners Acquires Blu Dot Design & Manufacturing

On April 27, 2008, private equity firm CHB Capital Partners acquired furniture company Blu Dot Design & Manufacturing

Acquisition Highlights
  • This is CHB Capital Partners’ 1st transaction in the Furniture sector.
  • This is CHB Capital Partners’ 5th transaction in the United States.
  • This is CHB Capital Partners’ 2nd transaction in Minnesota.

M&A Deal Summary

Date 2008-04-27
Target Blu Dot Design & Manufacturing
Sector Furniture
Buyer(s) CHB Capital Partners
Deal Type Recapitalization
Advisor(s) Aspect Consumer Partners (Financial)

Target

Blu Dot Design & Manufacturing

Minneapolis, Minnesota, United States
Blu Dot Design & Manufacturing designs, sources, and markets a wide range of high quality and distinctive home furnishings and accessories. Blu Dot sells its own branded products through wholesale, direct, and design professional channels. Blu Dot Design & Manufacturing was founded in 1997 and is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

CHB Capital Partners

Denver, Colorado, United States

Investor Investor


Category Private Equity Firm
Founded 1993
PE ASSETS 150M USD
Size Small
Type Sector Agnostic
DESCRIPTION

CHB Capital provides growth capital and makes equity investments in closely held and family-owned businesses. CHB looks to invest $3 to $15 million in companies with annual revenues $10 to $200 million. Broad industry sectors of interest include niche manufacturing, distribution, consumer products, and services. CHB avoids investing in real estate, construction, natural resources, start-ups, and turnarounds. The Firm will consider majority and minority positions. CHB Capital was formed in 1993 and is based in Denver, Colorado, with an additional office in Houston, Texas.


DEAL STATS #
Overall 5 of 7
Sector (Furniture) 1 of 1
Type (Recapitalization) 2 of 2
State (Minnesota) 2 of 2
Country (United States) 5 of 7
Year (2008) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-05 Alternative Technology

Englewood, Colorado, United States

Alternative Technology, Inc. is a thin-client/server-centric computing distributor with a focus on LAN, WAN and Internet implementations that integrate voice and data. As a technical distributor, Alternative provides its customers with education and technical support services to insure the quality and profitability of all of its resellers' installations. The Company sells to a VAR base of about 3,200 customers in the United States.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-23 Sorrento Networks International

Pleasanton, Colorado, United States

Sorrento Networks International, Inc. is a provider of metro optical access solutions, offering an edge-to-regional CWDM, DWDM, and ROADM product portfolio to carriers and enterprises. Sorrento's products are used, individually or as part of an integrated solution, in communications network infrastructures operated by telecommunications service providers, cable operators, governments, and enterprises around the globe. Sorrento Networks International was founded in 1993 and is based in Pleasanton, Colorado.

Buy -