Buyout (LBO, MBO, MBI) • Retail

Kingswood Capital Management Acquires Obsession

On July 24, 2023, private equity firm Kingswood Capital Management acquired retailer Obsession

Acquisition Context
  • This is Kingswood Capital Management’s 4th transaction in the Retail sector.
  • This is Kingswood Capital Management’s 9th transaction in the United States.
  • This is Kingswood Capital Management’s 1st transaction in Florida.

Explore All 718 Buyout (LBO, MBO, MBI) Retail Deals - Search the Database Free


M&A Deal Summary

Date July 24, 2023
Target Obsession
Sector Retail
Buyer(s) Kingswood Capital Management
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Obsession

Miramar, Florida, United States
Obsession is a retailer of authentic designer and proprietary fragrances and related accessories. The company operates over 215 retail stores across 38 states under The Fragrance Outlet and Perfumania banners, as well as related e-commerce websites. Its stores offer a broad assortment of 1,000+ SKUs, including hard-to-find and limited-production fragrances. Obsession is based in Miramar, Florida.
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

DESCRIPTION

Kingswood Capital Management is an operationally focused private equity firm focused on complex situations throughout North America. The Firm targets control positions in middle-market companies with revenues of $100 to $500 million. Sectors of interest include business services, consumer, retail, energy, industrials, technology, media, communications, and value-added distribution. Kingswood Capital Management was established in 2013 and is based in Los Angeles, California.


Deal Context for Buyer #
Overall 11 of 24
Sector: Retail 4 of 5
Type: Buyout (LBO, MBO, MBI) 5 of 6
State: Florida 1 of 1
Country: United States 9 of 21
Year: 2023 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-01 Turbo Wholesale Tires

Irwindale, California, United States

Turbo Wholesale Tires is a is a designer, supplier, and wholesaler of proprietary and third-party branded tires. Turbo’s proprietary-owned brands include Lexani, Lionheart, and RBP. Turbo Wholesale Tires was founded in 1983 and is based in Irwindale, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-24 One X

The Woodlands, Texas, United States

One X provides flowback and well testing services with a special focus on horizontal and pad drilling for the upstream oil and gas services industry. One X was founded in 2013 and is based in The Woodlands, Texas.

Buy -