Add-on Acquisition • Retail

Jackson & Perkins Acquires Northern Brewer

On September 5, 2024, Jackson & Perkins acquired retailer Northern Brewer from Blackstreet Capital Management

Acquisition Context
  • This is Jackson & Perkins’ 1st transaction in the Retail sector.
  • This is Jackson & Perkins’ 1st transaction in the United States.
  • This is Jackson & Perkins’ 1st transaction in Minnesota.

Explore All 1414 Add-on Acquisition Retail Deals - Search the Database Free


M&A Deal Summary

Date September 5, 2024
Target Northern Brewer
Sector Retail
Buyer(s) Jackson & Perkins
Sellers(s) Blackstreet Capital Management
Deal Type Add-on Acquisition

Target Company

Northern Brewer

Roseville, Minnesota, United States
Northern Brewer is a multi-channel marketer of home brewing supplies, winemaking supplies, beer kits, and equipment to craft brewing enthusiasts. The company sells it's products online and at 3 retail stores. Northern Brewer was founded in 1993 and is based in Roseville, Minnesota.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

Jackson & Perkins

Hodges, South Carolina, United States

Category Company
Founded 1872
Sector Agriculture
DESCRIPTION

Jackson & Perkins is a direct marketer and wholesaler of rose plants, other horticultural products, and home and garden decor. Jackson & Perkins was founded in 1872 and is based in Hodges, South Carolina.


Deal Context for Buyer #
Overall 1 of 1
Sector: Retail 1 of 1
Type: Add-on Acquisition 1 of 1
State: Minnesota 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1

Seller Profile 1

SELLER

Blackstreet Capital Management

Chevy Chase, Maryland, United States

Category Private Equity Firm
Founded 2003
PE ASSETS 200M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Blackstreet Capital is a private equity firm focused on control buyouts of under-performing corporate orphans with $25 to $150 million in revenue. Industries of interest include niche manufacturing, distribution, specialty retail, education and training, healthcare services and devices, and restaurants. Blackstreet invests up to $15 million of equity capital in businesses valued up to $75 million. Blackstreet's average holding period is three to five years. Blackstreet Capital(formerly Milestone Capital Management was founded in 2003 and is based in Bethesda, Maryland.


Deal Context for Seller #
Overall 26 of 26
Sector: Retail 1 of 1
Type: Add-on Acquisition 10 of 10
State: Minnesota 1 of 1
Country: United States 10 of 10
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-06 Red Apple Stores

Mississauga, Ontario, Canada

Red Apple Stores operates 140 extreme value stores throughout Canada (excluding Quebec) which serve middle-income consumers in rural secondary and tertiary markets and select urban markets. Red Apple Stores is based in Mississauga, Ontario.

Buy -