M&A Deal Summary |
|
|---|---|
| Date | 2021-03-30 |
| Target | FASTSIGNS |
| Sector | Marketing |
| Buyer(s) | Propelled Brands |
| Sellers(s) |
LightBay Capital
Freeman Spogli |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 2021 |
| Sector | Business Services |
Propelled Brands is a corporate umbrella of FASTSIGNS, SIGNWAVE, and NerdsToGo. Focused on service-oriented franchises, the Propelled Brands team assists each brand in its portfolio to confidently navigate forward based on its unique position, momentum, and purpose. The company advances the strategic path for each brand, offering support, guidance, and a clear vision to fully equip every franchisee, helping them maximize success. Propelled Brands was founded in 2021 and is based in Carrollton, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 3 |
| Sector (Marketing) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 3 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 3 |
| Year (2021) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-29 |
Suite Management Franchising
Metairie, Louisiana, United States Suite Management Franchising is a parent company of MY SALON Suite and Salon Plaza, is the latest concept in the beauty services industry bringing together a collection of independent beauty professionals in one luxurious location. Ken and Alanna McAllister opened the first MY SALON Suite in Metairie, Louisiana in 2010. By 2012, they had three locations in Louisiana and Florida, and since then, the franchise has expanded across North America. They help franchise owners successfully build, open and manage upscale private salon suite facilities for highly qualified, established beauty service professionals, who are ready to make an investment in themselves and their professional success by running their own salon business. Suite Management Franchising was formed in 2010 and is based in Metairie, Louisiana. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2016 |
| PE ASSETS | 615M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
LightBay Capital is a private equity firm focused on middle-market buyouts and distressed debt opportunities. The Firm will consider investing in the range of $100 to $300 million. LightBay Capital was formed in 2016 and is based in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Marketing) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-30 |
Propelled Brands
Carrollton, Texas, United States Propelled Brands is a corporate umbrella of FASTSIGNS, SIGNWAVE, and NerdsToGo. Focused on service-oriented franchises, the Propelled Brands team assists each brand in its portfolio to confidently navigate forward based on its unique position, momentum, and purpose. The company advances the strategic path for each brand, offering support, guidance, and a clear vision to fully equip every franchisee, helping them maximize success. Propelled Brands was founded in 2021 and is based in Carrollton, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-12 |
Foundry
Milwaukee, Wisconsin, United States Foundry has launched, scaled, and successfully exited brands that generated over $2B in revenue. The company uses its experience, industry expertise, and technology platform to acquire, build and grow enduring brands. Foundry is based in Milwaukee, Wisconsin. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1983 |
| PE ASSETS | 7.0B USD |
| Size | Mega |
| Type | Sector Focused |
Freeman Spogli & Co. is a private equity firm focused on acquiring middle-market retail, direct marketing, and distribution companies. The Firm will consider opportunities throughout North America and prefers partnering with management when pursuing acquisitions. Freeman Spogli looks to invest $75 to $300 million in transactions valued up to $750 million. Freeman Spogli was formed in 1983 and is based in Los Angeles, California with an additional office in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 23 of 25 |
| Sector (Marketing) | 1 of 1 |
| Type (Add-on Acquisition) | 7 of 8 |
| State (Texas) | 3 of 3 |
| Country (United States) | 22 of 24 |
| Year (2021) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-30 |
Propelled Brands
Carrollton, Texas, United States Propelled Brands is a corporate umbrella of FASTSIGNS, SIGNWAVE, and NerdsToGo. Focused on service-oriented franchises, the Propelled Brands team assists each brand in its portfolio to confidently navigate forward based on its unique position, momentum, and purpose. The company advances the strategic path for each brand, offering support, guidance, and a clear vision to fully equip every franchisee, helping them maximize success. Propelled Brands was founded in 2021 and is based in Carrollton, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-03 |
Arhaus
Boston Heights, Ohio, United States Arhaus is a lifestyle omnichannel retailer of exclusively designed home furnishings. The company is a clear destination of choice for home furnishings due to its innovative and comprehensive product assortment, which appeals to broad consumer tastes. Arhaus was founded in 1986 and is based in Boston Heights, Ohio. |
Sell | - |
