Buyout (LBO, MBO, MBI) • Distribution

Founders East Acquires Maritime Beauty

On July 4, 2022, private equity firm Founders East acquired distribution company Maritime Beauty

Acquisition Context
  • This is Founders East’s 1st transaction in the Distribution sector.
  • This is Founders East’s 1st transaction in Canada.
  • This is Founders East’s 1st transaction in Nova Scotia.

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M&A Deal Summary

Date July 4, 2022
Target Maritime Beauty
Sector Distribution
Buyer(s) Founders East
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Maritime Beauty

Halifax, Nova Scotia, Canada
Maritime Beauty Supply is a full-service professional beauty supply distributor for the Maritime provinces. Maritime Beauty Supply was founded in 1966 and is based in Halifax, Nova Scotia.
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Buyer Overview 1

DESCRIPTION

Founders East Capital Partners is a lower-middle-market private equity firm that seeks to partner with founder- and operator-led businesses based in the Atlantic region of Canada. The Firm provides flexible, long-term capital structures to support ownership transitions, shareholder liquidity, and legacy preservation. Founders East was etablished in 2021 and headquartered in Halifax, Nova?Scotia.


Deal Context for Buyer #
Overall 1 of 2
Sector: Distribution 1 of 1
Type: Buyout (LBO, MBO, MBI) 1 of 2
State: Nova Scotia 1 of 2
Country: Canada 1 of 2
Year: 2022 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-08 Alumitech

Bedford, Nova Scotia, Canada

Alumitech provides building envelope solutions. Alumitech was founded in 1991 and is based in Bedford, Nova Scotia.

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