M&A Deal Summary

EdgeStone Capital Partners Acquires Specialty Commerce

On February 9, 2005, private equity firm EdgeStone Capital Partners acquired apparel/textiles company Specialty Commerce from Goldsmith Agio Helms & Lynner

Acquisition Highlights
  • This is EdgeStone Capital Partners’ 1st transaction in the Apparel/Textiles sector.
  • This is EdgeStone Capital Partners’ 1st transaction in the United States.
  • This is EdgeStone Capital Partners’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2005-02-09
Target Specialty Commerce
Sector Apparel/Textiles
Buyer(s) EdgeStone Capital Partners
Sellers(s) Goldsmith Agio Helms & Lynner
Deal Type Divestiture

Target

Specialty Commerce

West Bridgewater, Massachusetts, United States
Specialty Commerce is a multi-channel direct marketing company principally selling women’s wigs, hairpieces and related accessories and other specialty niche products in North America and the U.K., and continuing education courses to the health care industry. Specialty Commerce was founded in 1978 and is based in West Bridgewater, Massachusetts.

Search 201,292 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

EdgeStone Capital Partners

Toronto, Ontario, Canada

Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 2.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

EdgeStone Capital Partners, Inc. is a private equity firm that targets middle market companies located in the Canada. The Firm targets to invest in companies with an EBITDA range $10 - $50 million and Enterprise value of $50 - $250 million. It seeks to invest in equity and equity related instruments and seeks to hold majority position and board seat in portfolio companies. Specific areas of interest include light manufacturing, business services, and consumer services. Type of transaction includes MBO, recapitalizations, growth capital, divestiture or non-core business and succession planning. EdgeStone Capital Partners, Inc. is based in Toronto, Ontario.


DEAL STATS #
Overall 10 of 24
Sector (Apparel/Textiles) 1 of 1
Type (Divestiture) 1 of 2
State (Massachusetts) 1 of 1
Country (United States) 1 of 4
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-12-02 Hair Club Group

Boca Raton, Florida, United States

Hair Club company that offers a comprehensive menu of hair loss solutions ranging from Extreme Hair Therapy to the ground breaking non-surgical Bio-Matrix(R) Process and the latest advancements in hair transplantation. It is Hair Club's philosophy to provide the most objective analysis and recommendations for what is best for each individual's situation. Depending on age, level of hair loss and client expectations, Hair Club will personally customize a solution that works.

Sell $210M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-14 INEA

Toronto, Ontario, Canada

INEA Corporation provides enterprise planning, forecasting and reporting software solutions that meet the needs of the world's largest and most complex organizations who have multiple lines of business; geographies; product lines and customer segments. Co-developed with a leading financial institution, the INEA platform provides rich out-of-the-box functionally to meet the unique requirements of finance departments across all verticals. With its singular focus and demonstrated expertise in this market, INEA helps finance departments streamline their planning process, create confidence in numbers, and engage in "what if" scenario modeling. Today, more than 7,000 users in 44 countries rely on the INEA platform.

Sell -

Seller(S) 1

SELLER

Goldsmith Agio Helms & Lynner

Minneapolis, United States

Category Company
Sector Financial Services
DESCRIPTION

Goldsmith Agio Helms is one of the nation’s leading investment banking firms providing financial advisory services to middle market businesses. The firm's services include mergers and acquisitions, private placements of debt and equity, distressed advisory and restructuring, and valuations and fairness opinions. The firm operates internationally from its offices in Minneapolis, New York, Chicago, Los Angeles, and London.


DEAL STATS #
Overall 2 of 2
Sector (Apparel/Textiles) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 2 of 2
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-02-06 The Homax Group

Bellingham, Washington, United States

Homax Products, Inc., is a supplier of branded, specialty-application consumer products to the home-care and repair markets, providing solutions for tasks such as drywall texturing and repair, specialty cleaning, pest control, odor elimination, and surface preparation. The Company's brands include Homax, Goo Gone, Magic, Black Flag, Natural Magic, and Stone Care International.

Sell -