Stanton and Sard Verbinnen & Co. represent private equity owners of International Market Centers as the showplace for home décor, furnishings and gift categories is sold to Blackstone.
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Bain Capital Private Equity (Stanton) and Oaktree Capital Management (SV&C) combined assets to build IMC into the world’s largest showroom space with 12.2M square feet of space in High Point (NC) and Las Vegas.
IMC, according to Ryan Cotton, managing director at Bain, has the capabilities and reach that provide best-in-class productivity for buyers and sellers.
The company is “well-positioned for the next phase of growth as the nexus of commerce for the furnishing, home décor and gift industries,” said Kaj Vazales, managing director at Oaktree.
Stanton’s Charlyn Lusk represents Bain, while SV&C’s Alyssa Linn handles Oaktree in the transaction.
Longacre Square Partners represents Ancora Holdings as it urges the board of Big Yellow Group to conduct a strategic review of the UK’s No. 1 self-storage company.
Kekst CNC handles Getty Images as it begins a prepackaged Chapter 11 reorganization and receives a commitment from Koch Equity Development and the Getty family to invest $533M in the visual content company.
As capital concentrates among established firms, emerging managers must find new ways to earn investor confidence.
Teneo handles True Food Kitchen as the Scottsdale, AZ-based wellness food restaurant chain that counts Oprah Winfrey as a minority investor files for Chapter 11.
FGS Global and Teneo represent Canada’s billionaire Weston family as its Wittington Investments holding company acquires Boots Group, the 177-year-old UK health & beauty retailer, from Sycamore Partners for $8.9B.
