Growth Capital • Business Services

Strand Equity Invests In Studio McGee

On March 16, 2021, growth capital firm Strand Equity invested in business services company Studio McGee

Investment Context
  • This is Strand Equity’s 1st transaction in the Business Services sector.
  • This is Strand Equity’s 22nd transaction in the United States.
  • This is Strand Equity’s 1st transaction in Utah.

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Investment Summary

Date March 16, 2021
Target Studio McGee
Sector Business Services
Investor(s) Strand Equity
Deal Type Growth Capital

Target Company

Studio McGee

Lehi, Utah, United States
Studio McGee is now a well-recognized leader in the design industry with an aesthetic and vast portfolio is featured in Architectural Digest, House Beautiful, Domino Magazine, Domaine Home, House & Home, and Elle Decor. Studio McGee was formed in 2014 and is based in Lehi, Utah.
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Investor Overview 1

DESCRIPTION

Strand Equity Partners is a growth equity firm investing in companies from the consumer industry. Prospective transaction types include management buyouts and growth financings. Strand Equity Partners was formed in 2012 and is based in Los Angeles, California.


Deal Context for Investor #
Overall 25 of 31
Sector: Business Services 1 of 1
Type: Growth Capital 15 of 16
State: Utah 1 of 1
Country: United States 22 of 27
Year: 2021 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-21 WTRMLN WTR

Denver, Colorado, United States

WTRMLN WTR is a producer of cold-pressed juiced watermelon, sourced straight from the fruit, each and every bottle contains just 3 simple ingredients – watermelon flesh, watermelon rind, and organic lemon. WTRMLN WTR was founded in 2013 and is based in Denver, Colorado.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-18 Duckhorn Vineyards

Saint Helena, California, United States

Duckhorn Vineyards produces and sells wines under a portfolio of brands, including Duckhorn Vineyards, Decoy, Kosta Browne, Goldeneye, Paraduxx, Calera, Migration, Canvasback, Greenwing, and Postmark. The company sells its products directly to California retailers and restaurants; and to distributors and agents located in other states throughout the United States, as well as to export distributors that sell internationally. Duckhorn Vineyards was founded in 1976 and is based in Saint Helena, California.

Sell -