M&A Deal Summary

Westward Partners Acquires Three Bears Alaska

On March 18, 2022, private equity firm Westward Partners acquired retailer Three Bears Alaska

Acquisition Highlights
  • This is Westward Partners’ 1st transaction in the Retail sector.
  • This is Westward Partners’ 7th transaction in the United States.
  • This is Westward Partners’ 2nd transaction in Alaska.

M&A Deal Summary
Date 2022-03-18
Target Three Bears Alaska
Sector Retail
Buyer(s) Westward Partners
Deal Type Recapitalization
Advisor(s) Cascadia Capital LLC (Financial)

Target

Three Bears Alaska

Wasilla, Alaska, United States
Three Bears Alaska is a chain of grocery stores that provides customers with quality goods and services. Three Bears Alaska was founded in 1980 and is based in Wasilla, Alaska.

Search 200,500 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) 1

Buyer

Westward Partners

Investor Investor Investor

Category Private Equity Firm
Founded 2010
Size Small
Type Sector Agnostic
DESCRIPTION

Westward Partners is a private equity firm focused on investing in lower middle-market companies in the Western-US and Canada. Target companies typically have revenues of $20 to $500 million and up to $25 million of EBITDA. Sectors of interest include business services, consumer products, energy services, forest products, manufacturing, packaging, and transportation/logistics. Westward Partners was formed in 2010 and is based in Seattle, Washington.

DEAL STATS #
Overall 12 of 13
Sector (Retail) 1 of 1
Type (Recapitalization) 1 of 1
State (Alaska) 2 of 2
Country (United States) 7 of 8
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-16 Superfeet Worldwide

Essex, United Kingdom

Superfeet Worldwide is a manufacturer of an innovative insoles featuring the Superfeet shape, helping millions of people worldwide experience unparalleled comfort, pain relief and performance. Superfeet Worldwide is based in Essex, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-04 Globe Machine Manufacturing

Tacoma, Washington, United States

Globe Machine Manufacturing is a manufacturing company supplying machinery for the Door and Plywood Industry. Globe Machine Manufacturing was founded in 1917 and is based in Tacoma, Washington.

Buy -
Mergr

Product

Company

Legal