M&A Deal Summary

Stylemark Acquires Riviera Trading

On March 10, 2005, Stylemark acquired consumer products company Riviera Trading from Granite Bridge Partners and Palisades Associates for 30M USD

Acquisition Highlights
  • This is Stylemark’s 1st transaction in the Consumer Products sector.
  • This is Stylemark’s largest (disclosed) transaction.
  • This is Stylemark’s 1st transaction in New York.

M&A Deal Summary

Date 2005-03-10
Target Riviera Trading
Sector Consumer Products
Buyer(s) Stylemark
Sellers(s) Granite Bridge Partners
Palisades Associates
Deal Type Add-on Acquisition
Deal Value 30M USD

Target

Riviera Trading

New York, New York,
Riviera Trading, Inc. is an importer of sunglasses, hats, and accessories sold under licensed brand names such as Nine West, Ocean Pacific and Speedo.

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Buyer(S) 1

Buyer

Stylemark

Ormond Beach, Florida, United States

Category Company
Sector Consumer Products
DESCRIPTION

Stylemark, Inc. is a designers and distributors of non-prescription reading glasses and sunglasses.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country () 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 2

SELLER

Granite Bridge Partners

New York, New York, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2018
Size Mega
Type Sector Agnostic
DESCRIPTION

Granite Bridge Partners is a private equity firm focused on control investments in mid-sized companies operating in traditional industries. The Firm looks to commit $10 to $30 million in profitable companies with up to $100 million in revenue. Broad areas of interest include consumer products/services, business services, and niche manufacturing. Granite Bridge Partners is the former direct investing unit of Wafra Partners and was spun out in 2018. The Firm is based in in New York City.


DEAL STATS #
Overall 1 of 12
Sector (Consumer Products) 1 of 3
Type (Add-on Acquisition) 1 of 7
State (New York) 1 of 1
Country () 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-01 American Higher Education Development

New Hope, Pennsylvania, United States

American Higher Education Development operates post-secondary educational institutions. AHED is a platform company to acquire and manage post-secondary, degree- and certificate-granting educational institutions. American Higher Education Development was formed in 1998 and is based in New Hope, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-05 Teraco

Midland, Texas, United States

Teraco is a provider of PVC loyalty cards, gift cards, hotel key cards and other plastic cards and promotional products. Teraco was formed in 1962 and is based in Midland, Texas.

Buy -
DESCRIPTION

Palisades Associates is a private investment group and merchant bank focused on special situations. Palisades looks to acquire controlling stakes and pursues businesses generating $50 to $500 million in revenue. The Firm is sector agnostic and seeks 'friendly' situations. Palisades has offices in Bethesda, Maryland and Redwood City, California.


DEAL STATS #
Overall 1 of 2
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (New York) 1 of 1
Country () 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-01 Riviera Trading

New York, New York,

Riviera Trading, Inc. is an importer of sunglasses, hats, and accessories sold under licensed brand names such as Nine West, Ocean Pacific and Speedo.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-16 TVC Communications

Annville, Pennsylvania, United States

TVC Communications LLC is a distributor of broadband communications network infrastructure products serving the cable, telecommunications and satellite industries.

Sell $247M