Translink Corporate Finance acted as financial and strategic advisor to the Holmqvist family and Svenska Krämfabriken in the sale of Hickap to Dermoshop, one of the leading skincare, haircare and makeup brands in Finland.
Translink Corporate Finance in Israel served as exclusive financial advisor to the shareholders of Rossetto on the sale to Trend Holdings Ltd.
Translink Corporate Finance in Italy, with a team led by CEO Matteo Paggi, acted as the financial advisor to Incico S.p.A. on the acquisition of Cogenera S.r.L, an engineering company based in Castenedolo (Brescia), which specialises in hi-tech building systems with a focus on energy efficiency.
Translink Corporate Finance South Africa acted as the financial advisor to Woolworths Holdings Limited in its proposed acquisition of 93.45% of the shares in Absolute Pets from Sanlam Private Equity Mid-Market Fund I and Absolute Pets management.
Translink Corporate Finance in Germany and Spain advised Medical Fomento Industrial (MFI), a vertically integrated health & safety group based in Bilbao, on the sale of its operating subsidiaries Ibervisión Servicios Ópticos S.L., Medop S.A. and Elaboria S.L. to the German stock-listed company, Fielmann AG. The purchase price for all shares in the companies is based on a cash and debt-free valuation of approximately € 70.8 million.
Translink Corporate Finance in Sweden (Anecta) and Gut Corporate Finance, a member firm of Translink in Switzerland, acted as the exclusive advisors to Astro Sweden AB on the majority stake sale to SwissCommerce.
Astro Sweden is the industry leader in B2B and B2C sales of products related to hunting, fishing, astronomy, and other outdoor activities. E-commerce channels generate the majority of the sales and the company has a physical store in Skara with a large network of retailers throughout Sweden. Astro Sweden was established in 2007. The company has since then established itself as one of the largest and fastest-growing companies in the Nordics within its niche. In 2020, Astro Sweden acquired PN Jakt, an e-commerce company niched towards hunting, with a physical store in Hammarstrand.
Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, announced a strategic, growth investment in Mattress Warehouse, LLC (“Mattress Warehouse” or the “Company”). Founded in 1989, Mattress Warehouse is a leading independent mattress retailer with over 300 locations. Bill Papettas, CEO and President of Mattress Warehouse, said, “We are very excited about the investment in the Mattress Warehouse team by Wynnchurch Capital. With over $4 billion under management, Wynnchurch brings a wide range of expertise, and a focus on accelerating growth across companies in the consumer space as we strive towards our goal to reach over 500 locations.” Joining the board of Mattress Warehouse will be Russ Gehrett, Partner and Mike MacKay, Vice President at Wynnchurch. This team brings significant experience in the consumer and retail industries to the board and will focus on accelerating the Company’s overall growth, including enhancing Mattress Warehouse’s existing digital and omnichannel capabilities. Russ Gehrett, Partner at Wynnchurch, added, “We are honored at the opportunity to partner with John Ahern, Bill Papettas, and the entire Mattress Warehouse family in supporting the Company’s next phase of growth. Family-oriented and founder-run, the Company has a unique heritage that is a key differentiator in today’s world. This investment is another example of Wynnchurch’s ability to identify and execute on unique opportunities in the consumer space.” Lowenstein Sandler LLP served as legal counsel while Barclays served as financial advisor to Wynnchurch. Translink Corporate Finance’s partner in the US, Dinan & Company LLC, acted as the exclusive financial advisor to leading mattress retailer, Mattress Warehouse.
About Mattress Warehouse
Founded in 1989 and based in Fredrick, Maryland, Mattress Warehouse is a leading independent retailer of mattresses with over 300 retail locations throughout the Mid-Atlantic region. The Company maintains active relationships with all of the leading mattress manufacturers to provide customers with the broadest offering of products and best possible solutions to help facilitate higher quality sleep.
About Wynnchurch Capital
Wynnchurch Capital, L.P., headquartered in the Chicago suburb of Rosemont, Illinois, with offices in New York, California, and an affiliate in Canada, was founded in 1999, and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch Capital manages a number of private equity funds with $4.2 billion of committed capital under management and specializes in management buyouts, growth capital, recapitalizations, corporate carve-outs and restructurings.
Contact our Team Members advising in this transaction:
Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading diversified financial services company with over 32 years of advisory and merchant banking experience dedicated to middle-market transactions.
Michael A.
Dinan
Managing Partner
mdinan@translinkcf.com
MOHIT
MEHTA
DIRECTOR
mmehta@translinkcf.com
Dinan Capital Advisors, Translink affiliate in the US, is pleased to announce that its client, Winchester Carpet & Rug Co. (“Rugs Direct” or the “Company”) has received a majority equity investment from L2 Capital Partners (“L2 Capital”).
Translink Corporate Finance announces the sale of Tilda’s AB, a major toy distributor in the Scandinavian market representing classic brands such as TOMY, Jumbo and Trefi as well as own designed kiddy cars and tricycles branded Nordichoj. The buyer Bjerre & Co is a toy importer and distributor of toys and gifts established in 2003. The company is based in Hørning, Denmark and is owned by the investor SMV Capital. “Joining SMV Capital and the Bjerre family will bring many benefits to our existing customers and business,” said Mikael Haneskär, former owner of Tilda’s AB. “Translink led the sales process and negotiated a transaction with Danish investors that met our objective as shareholders and was an invaluable partner throughout the sales process”.
Contact our Team Members advising in this transaction:
Anecta Translink, our partner in Sweden, is a M&A-advisor working with national and cross-border transactions. The company’s success in this segment is based on a wide industrial network and the fact that many of the team members have backgrounds as executives in Swedish industrials.
Eric
Forsner
Managing Partner
eforsner@translinkcf.com
Fredrik
Ullberg
Partner
fullberg@translinkcf.com
Alleghany Capital Corporation (“Alleghany Capital”), a wholly-owned subsidiary of Alleghany Corporation, today announced that it has entered into a definitive agreement to acquire a 45% equity interest in Wilbert Funeral Services, Inc. (“Wilbert”), a leading provider of products and services for the funeral and cemetery industries and precast concrete markets. Headquartered in Overland Park, Kansas, Wilbert operates through company-owned locations and a network of nearly 200 licensees that manufacture and distribute Wilbert® branded products throughout the United States and Canada. Joseph U. Suhor, III, Chairman of the Board of Directors of Wilbert, stated, “As the majority owners of Wilbert, we have responsibilities to our employees and their families, our licensees, and our customers to position the company for continued success and growth well into the future. We believe that this transaction is the best course toward these ends and look forward to a productive partnership with Alleghany Capital.” Dennis Welzenbach, President and Chief Executive Officer of Wilbert, added, “Alleghany Capital’s business model is to provide a long-term home for entrepreneurial companies like ours and support their management teams as they continue to pursue profitable growth opportunities. Wilbert and Alleghany Capital share common values and, through our new partnership, Wilbert will be able to maintain the culture that has been at the core of its success, for the benefit of all stakeholders. We are proud of the team we have assembled and are excited to take Wilbert into the future with our new partner.” David Van Geyzel, President and Chief Executive Officer of Alleghany Capital, commented, “Dating back to 1880, Wilbert has built its business from its early beginnings as a supplier of burial vaults to become a leading provider of a broad array of burial and cremation products and services for the funeral and cemetery industries, as well as a supplier of precast concrete products for a variety of markets.” Udi Toledano, Chairman of Alleghany Capital, added, “Wilbert has an established history of creating value through solid customer service, product and service innovation, and successful acquisitions. Alleghany Capital shares this vision for growth and looks forward to partnering with Joe, Dennis, and the rest of the Wilbert team as they continue to execute on their strategy.” Dinan & Company, Translink affiliate in the US, acted as financial advisor and Willkie Farr & Gallagher LLP acted as legal counsel to Alleghany Capital. CC Capital Advisors acted as financial advisor and Spencer Fane LLP acted as legal counsel to Wilbert.
Contact our Team Members advising in this transaction:
Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading diversified financial services company with over 32 years of advisory and merchant banking experience dedicated to middle-market transactions.
Michael A.
Dinan
Managing Partner
mdinan@translinkcf.com