M&A Deal Summary

Rosser Capital Partners and BRS Acquire 2nd Ave Stores

On September 18, 2019, private equity firms Rosser Capital Partners and BRS acquired retailer 2nd Ave Stores

Acquisition Highlights
  • This is Rosser Capital Partners’ 2nd and BRS’s 5th transaction in the Retail sector.
  • This is Rosser Capital Partners’ 6th and BRS’s 40th transaction in the United States.
  • This is Rosser Capital Partners’ 1st and BRS’s 3rd transaction in Maryland.

M&A Deal Summary

Date 2019-09-18
Target 2nd Ave Stores
Sector Retail
Buyer(s) Rosser Capital Partners
BRS
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Cascadia Capital LLC (Financial)

Target

2nd Ave Stores

Laurel, Maryland, United States
2nd Ave Stores operates thrift store locations throughout the Mid-Atlantic and Northeast under the 2nd Ave Value Store and Village Thrift Store brands. The Company strives to provide a unique and department store-like shopping experience while bringing its customers the best value in discount retail. 2nd Ave Stores was formed in 1959 and is based in Laurel, Maryland.

Search 200,577 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 2

DESCRIPTION

Rosser Capital Partners is a private equity group focused on making investments in the restaurant, consumer and retail sectors. The Firm will consider opportunities throughout the US and has experience with family-controlled and closely-held companies. Rosser Capital Partners was formed in 2011 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 6 of 7
Sector (Retail) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 3 of 4
State (Maryland) 1 of 1
Country (United States) 6 of 7
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 GreenDrop

Bensalem, Pennsylvania, United States

GreenDrop is a licensed charitable fundraiser which solicits and collects tax-deductible donations of clothing and household goods on behalf of select national charities. GreenDrop was founded in 2011 and is based in Bensalem, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-25 Tumble 22

Austin, Texas, United States

Tumble 22 is a full-service, bar-centric, hot chicken restaurant concept that offers a simple menu featuring all-natural, Texas-raised chicken prepared using its proprietary seasoning. Tumble 22 is based in Austin, Texas.

Buy -
Buyer

BRS

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 1.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

BRS is a private equity investment firm that specializes in management buyouts and recapitalizations of middle-market companies with strong market positions and growth potential. Broad areas of interest include consumer products, consumer services, food/nutrition, restaurants, retail, and distribution. BRS looks to commit $10 to $25 million per transaction. BRS was formed in 1995 and is based in New York, New York.


DEAL STATS #
Overall 44 of 47
Sector (Retail) 5 of 5
Type (Buyout (LBO, MBO, MBI)) 17 of 19
State (Maryland) 3 of 3
Country (United States) 40 of 42
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-17 Canada Pooch

Toronto, Ontario, Canada

Canada Pooch designs, manufactures and sells high-quality, fashionable and functional pet apparel and accessories under the brand Canada Pooch. Products include dog parkas, rainwear, knits, boots, harnesses, bedding, and accessories. From design to fabric selection and achieving the perfect fit, the Toronto-based company takes care in every step of the process to ensure the best for every pet. Canada Pooch sells through pet specialty retailers as well as online through its own website.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-19 Simpson Performance Products

New Braunfels, Texas, United States

Simpson Performance Products is a provider of safety products for the motorsports industry. The company makes fire-resistant driver suits, helmets, shoes, seatbelts, and other products, and also operates retail stores that sell motorsports-related merchandise. Simpson Performance Products was formed in 1959 and is based in New Braunfels, Texas.

Sell -