 |
Rubenstein Assocs. is working Apollo Global Management's $2.7B deal to acquire Shutterfly and Snapfish to forge a larger platform in the online photo services marketplace.
Shutterfly, which trades on the NASDAQ, produces a line of photo books, cards, stationery and home décor products, while privately-held Snapfish focuses on photo printing services.
"We are thrilled to partner with two pioneers of the photo personalization industry," David Sambur, senior partner of Apollo, said in a statement. "We believe that both companies will be better positioned to operate in a competitive marketplace though their enhanced ability to invest in product innovation to deliver the best consumer experience."
Rubenstein's Charles Zehren represents Apollo, which has $303B in assets under management.
BGR Group represents Noble Supply and Logistics as it files for Chapter 11 due to a change in its weapons support contract with the Defense Logistics Agency.
C Street Advisory Group is handling the Chapter 11 filing of LIV Golf following the move by Saudi Arabia’s Public Investment Fund to pull the financial plug on the League. (Updated)
Teneo handles Bamboo Insurance Services as the Midvale, UT-based marketer of homeowner policies files a Form S-1 statement with the SEC for an initial public offering.
FTI Consulting handles West Marine as the nation’s leading retailer of marine parts and accessories for boating, fishing and sailing enthusiasts emerges from Chapter 11 bankruptcy.
Throughline Global Advisors represents Principal Mineral as it acquires Conductive Group, manufacturer of advanced materials for the aerospace, telecommunications and electronics sectors.
