M&A Deal Summary

Equity 38 Acquires TRX Training

On January 16, 2019, private equity firm Equity 38 acquired consumer products company TRX Training from Castanea Partners

Acquisition Highlights
  • This is Equity 38’s 1st transaction in the Consumer Products sector.
  • This is Equity 38’s 1st transaction in the United States.
  • This is Equity 38’s 1st transaction in Florida.

M&A Deal Summary

Date 2019-01-16
Target TRX Training
Sector Consumer Products
Buyer(s) Equity 38
Sellers(s) Castanea Partners
Deal Type Secondary Buyout

Target

TRX Training

Delray Beach, Florida, United States
TRX Training is a provider of training products and workout programs for everyone from fitness professionals and enthusiasts of any age and ability to top name athletes in the NFL, NBA, MLB, and UFC, as well as our servicemen and women in every branch of the US military. TRX Training was founded 2004 and is based in Delray Beach, Florida.

Search 214,107 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

DESCRIPTION

Equity38 is a private investment firm focused on consumer-facing health, wellness, active lifestyle and outdoor companies. Equity38 targets companies with $5 to $50 million in revenues and has a particular interest in companies with complexity or challenges around growth including procedures, resources, or management. Equity38 was formed in 2018 and is headquartered in Atlanta, Georgia.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

Castanea Partners

Newton, Massachusetts, United States

Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 775M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Castanea Partners is a private equity firm that targets investments in established, small to mid-sized companies valued up to $250 million. The Firm looks for businesses with strong management and significant competitive advantages. Sectors of interest include publishing, information services, education/training, consumer brands, specialty retail, and marketing services. Castanea prefers control investment situations and looks to commit between $15 and $150 million per transaction. Castanea Partners was formed in 2001 and is based in Newton, Massachusetts.


DEAL STATS #
Overall 17 of 24
Sector: Consumer Products M&A 5 of 10
Type: Secondary Buyout M&A Deals 4 of 6
State: Florida M&A 1 of 1
Country: United States M&A 17 of 24
Year: 2019 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-12 Proenza Schouler

New York, New York, United States

Proenza Schouler LLC is an operator of global luxury accessories and women’s apparel business with points of sale in more than 20 countries worldwide through exclusive department stores and boutiques and ten freestanding stores. Proenza Schouler was founded in 2002 and is based in New York City.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-24 Donald J Pliner of Florida

New York, New York, United States

Donald J Pliner is a designer and marketer of women’s and men’s luxury footwear. The Company sells its products through over 400 specialty and upscale department stores, company-owned retail stores, and online at donaldjpliner.com. Donald J Pliner of Florida was founded in 1989 and is based in New York City.

Sell -