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  6. Fort Point Capital Acquires Sullivans

M&A Deal Summary

Fort Point Capital Acquires Sullivans

On October 8, 2014, growth capital firm Fort Point Capital acquired consumer products company Sullivans

Acquisition Highlights
  • This is Fort Point Capital’s 1st transaction in the Consumer Products sector.
  • This is Fort Point Capital’s 5th transaction in the United States.
  • This is Fort Point Capital’s 1st transaction in South Dakota.
Investment Fate
  • Sullivans was sold to a consortium of financial buyers in 2022.

M&A Deal Summary
Date 2014-10-08
Target Sullivans
Sector Consumer Products
Buyer(s) Fort Point Capital
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) GulfStar Group (Financial)

Target

Sullivans

Sioux Falls, South Dakota, United States
Sullivans is a designer and distributor of seasonal and all-occasion home décor products that are sold principally to independent and specialty channel retail customers in the U.S. The Company's primary product lines include holiday and celebration decorations, permanent floral and foliage products, home décor items and accessories. Sullivans was founded in 1968 and is based in Sioux Falls, South Dakota.

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Buyer(S) 1

Buyer

Fort Point Capital

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 2009
Size Small
Type Sector Agnostic
DESCRIPTION

Fort Point Capital is a private investment firm that targets smaller middle-market growth company investments. The Firm specifically looks for partnerships where firm expertise can help businesses realize their 'potential'. Sectors of interest include business services, healthcare, consumer, and software and information. Fort Point Capital was formed in 2009 and has offices in Boston and New York City.

DEAL STATS #
Overall 5 of 19
Sector: Consumer Products M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 2 of 2
State: South Dakota M&A 1 of 1
Country: United States M&A 5 of 18
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-24 LSO

Plano, Texas, United States

LSO is a provider of parcel delivery services throughout the Southern United States. LSO offers its clients overnight, expedited ground, same-day, and last-mile logistics solutions. LSO was founded in 1991 and is based in Plano, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-19 Engineering Planning and Management

Framingham, Massachusetts, United States

Engineering Planning and Management, Inc. is a provider of safety related engineering services and software to nuclear facilities and other commercial facilities across the globe.

Sell -
Mergr

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