Investment Summary

Stripes Invests In Erewhon

On January 1, 2019, growth capital firm Stripes invested in retailer Erewhon

Investment Highlights
  • This is Stripes’ 1st transaction in the Retail sector.
  • This is Stripes’ 30th transaction in the United States.
  • This is Stripes’ 9th transaction in California.

Investment Summary

Date 2019-01-01
Target Erewhon
Sector Retail
Investor(s) Stripes
Deal Type Stake Purchase

Target

Erewhon

Vernon, California, United States
Erewhon is a premium retailer of natural and organic foods. Erewhon was founded in 1968 and is based in Vernon, California.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Investor(S) 1

Investor

Stripes

New York, New York, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2008
PE ASSETS 7.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Stripes is a private investment firm focused primarily on making minority investments in rapidly growing, private companies. Stripes look to commit $10 to $150 million of equity capital per transaction to support acquisitions, growth equity needs, and provide shareholder liquidity. Target companies generally have high margins and operate in large markets. Sectors of interest include branded consumer products, financial services, medical devices, and technology. Stripes is formed in 2008 and is based in New York City.


DEAL STATS #
Overall 32 of 49
Sector: Retail M&A 1 of 2
Type: Stake Purchase M&A Deals 2 of 3
State: California M&A 9 of 12
Country: United States M&A 30 of 46
Year: 2019 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-07 Art.com

Emeryville, California, United States

Art.com, Inc. is an online art and poster marketplace. Art.com a direct-to-consumer e-tailer, Art.com leverages technology to provide consumers the largest selection of prints, posters, pre-framed art, original art and photography and custom framing.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-14 Pleo

Copenhagen, Denmark

Pleo is a corporate card and expense management provider for small-to-medium-sized businesses in Europe. Pleo enables its customers to permission corporate cards to all employees within the company, distributing purchasing power and autonomy across the enterprise while maintaining control via real-time spending visibility and robust functionality around spending limits and approvals. Pleo was founded in 2015 and is based in Copenhagen, Denmark.

Buy -