Consumer Products and Services Deals for December 2020

Company Name Description Deal Synopsis Ancestry Provider of online genealogical services intended to The company was acquired by The Blackstone Group through a discover the family history of individuals. The company $4.7 billion LBO on December 4, 2020. BOFA Securities, Morgan offers family history, genealogy research and DNA testing Stanley, Credit Suisse, JP Morgan provided $1.2 billion debt services offering with integration of family trees and financing by sunscribing to senior notes issued by company. offers its records and census information on its website and through applications to individuals. It operates in the United States, United Kingdom, Australia, Canada, Germany, France, Italy, Sweden and China.

Ann Taylor (Ohio) Operator of women's apparel brands. The company The company, a subsidiary of Ascena Retail Group, was acquired engages in designing, manufacturing and selling a wide by Sycamore Partners Management through an LBO on range of fashion products, which include casual separates, December 23, 2020 for an undisclosed sum. The deal is a part of dresses, tops, shoes and accessories, offering quality, $540 million acquisition deal where Sycamore Partners are comfortable and fashionable products to the customers. acquiring ascena's Lane Bryant, LOFT and Lou & Grey brands including company. Arapaho Road Animal Clinic Operator of an animal clinic. The company provides a The company was acquired by People Pets and Vets, via its wide variety of veterinary services for animals including Cressey & Company, through an LBO on emergency animal care and pet health checker. December 18, 2020 for an undisclosed sum.

CFO Publishing Publisher of business magazines and daily articles focused The company was acquired by Industry Dive, via its financial on the information needs of senior finance executives. sponsor Falfurrias Capital Partners, through an LBO on The company publishes CFO Magazine, a business December 16, 2020 for an undisclosed sum. publication for C-level and senior financial executives and operates CFO.com, which provides daily articles, financial news and resources. Cole's Antique Village and Flea Operator of indoor and outdoor shopping place. The The company was acquired by United Flea Markets, via its Market location is spread over 44 acres with more than 1,300 financial sponsor Delos Capital, through an LBO on December vendors selling new and vintage items including art, home 17, 2020 for an undisclosed sum. décor, apparel, toys, tools, electronics, sporting goods as well as 26 food stands serving beer, roasted corn, nachos, churros, pizza, ice cream, funnel cakes, potatoes, donuts and BBQ.

Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Consumer Products and Services Deals for December 2020

Company Name Description Deal Synopsis Coridian Technologies Provider of product identification and data collection The company was acquired by Supply Chain Services, via its products and related services in Chanhassen, Minnesota. financial sponsor Sole Source Capital, through an LBO on The company provides labeling, barcoding and data December 2, 2020 for an undisclosed sum. Through this collection tools like labels, ribbons, printers, scanners, acquisition, Supply Chain Services expands its portfolio of high- software, radio frequency readers and antennas for quality products and customized solutions. identification, tracking and data collection to the healthcare, manufacturing and warehouse industries.

DreamLine Designer, manufacturer and marketer of premium shower The company was acquired by American Bath Group, via its products in the U.S. The company's products include financial sponsor Centerbridge Partners, through an LBO on shower doors, tub doors, shower enclosures and acrylics Decemebr 21, 2020 for an undisclosed sum. shower bases. Dunkin' Brands Dunkin' Brands, through Dunkin' Donuts (83% of system The company was acquired by , via its financial sales) and Baskin-Robbins (17%), generates revenue sponsors and Equicorp Partners, for an through franchise royalties and rent payments, sales of estimated $8.76 billion public-to-private LBO on October 30, ice cream products to franchisees, and sales at company- 2020. Inspire Brands also assumed an estimated $2.54 billion in owned stores. Based on systemwide sales of $12.2 billion liabilities bringing the total transaction value to $11.3 billion. As in 2019, Dunkin' is the second- largest global beverage a result of the transaction, the company was delisted. and snack chain behind Starbucks. There are more than 13,100 Dunkin' Donuts (9,600 U.S. and 3,500 international) and almost 8,000 Baskin-Robbins locations worldwide (2,500 U.S. and 5,500 international). In October 2020, the company agreed to a $11.3 billion by Roark Capital-backed Inspire Brands, the parent company of Arby's, Sonic, , Jimmy John's, and others.

EverSpring Inn & Suites A 100-room property hotel located in Marshall, The EverSpring Inn & Suites (Marshall) was acquired by Bird Dog (Marshall) Minnesota. The property features 3,500 square feet of Equity Partners through an LBO on December 30, 2020 for an meeting space, an oversized indoor pool and an attached undisclosed sum. restaurant.

Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Consumer Products and Services Deals for December 2020

Company Name Description Deal Synopsis Garbanzo Fresh Mediterranean Owner and operator of a Mediterranean style cuisine The company was acquired by Saladworks, via its financial restaurant chain. The company operates restaurants with sponsor Centre Lane Partners, through an LBO on December 22, buffet-style servings and boxes which provides freshly 2020 for an undisclosed sum. cooked meat, grilled chicken, hummus, falafel, salad, soups, chicken kabob, meals, drinks, desserts and other with authentic flavors. Golden Gait Trailers Provider of new and used RVs and specialty trailers The company was acquired by RV Retailer, via its financial serving the landscaping, racing, medical, dental, sponsor Redwood Capital Investments, through an LBO on marketing, agricultural, and construction industries. The December 7, 2020 for an undisclosed sum. company offers enclosed trailers such as car, cargo, horse, livestock and specialty trailers and closed trailers such as dump, car, utility and equipment trailer.

Heartland Home Services Provider of non-discretionary, residential heating, The company was acquired by The Jordan Company, Cobepa ventilation and air conditioning replacement and and its management through an LBO on December 15, 2020 for maintenance services. The company services & replaces an undisclosed sum. This investment will provide the company furnaces, air conditioning units, humidifiers, thermostats, with significant resources as it continues driving operational water heaters and other ancillary units. efficiencies as well as capitalizing on organic and inorganic growth opportunities. The Carlyle Group and Churchill Asset Management provided debt financing to support the transaction. Hurd and Associates Operator of a commercial real estate appraisal firm based The company was acquired by Butler Burgher Group, via its in Phoenix, Arizona. The company offers appraisals of all financial sponsor Silver Oak Services Partners, through an LBO property types and market feasibility studies. on December 16, 2020 for an undisclosed sum.

KontrolFreek Manufacturer of gaming controller & accessories based in The company was acquired by SteelSeries, via its financial , Georgia. The company develops gaming joysticks sponsor Axcel Management, through an LBO on December 15, and related parts that are based on a careful study of 2020 for an undisclosed sum. ergonomics, ensuring each product also helps to reduce gamer fatigue and improve overall gaming comfort, enabling users to enhance gaming experience and have a competitive edge.

Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Consumer Products and Services Deals for December 2020

Company Name Description Deal Synopsis Lane Bryant Operator of women's clothing store chain. The company The company, a subsidiary of Ascena Retail Group, was acquired specializes in plus size clothing and offers bras, panties, by Sycamore Partners Management through an LBO on sleepwear, shoes, apparel and accessories through its December 23, 2020 for an undisclosed sum. The deal was part online and offline stores. of $540 million acquisition deal where Sycamore Partners are acquiring ascena's Ann Taylor, LOFT and Lou & Grey brands including company. Learner's Edge Provider of online professional development courses The company was acquired by Quad-C Management through an based in Eagan, Minnesota. The company offers online LBO on December 10, 2020 for an undisclosed sum. professional development, continuing education and master's degree programs, providing K-12 teachers with most flexible, dynamic and timely continuing education graduate courses. Legal Sea Foods Operator of the seafood restaurant chain. The company's The company was acquired by The Smith & Wollensky restaurants provide wines and cocktails, seafood and Restaurant Group, via its financial sponsor Danu Partners, private dining rooms to customers. The company also through an LBO on December 22, 2020 for an undisclosed sum. owns a state-of-the-art fish processing plant and food safety laboratory, thereby providing customers fresh seafood. Lonely Planet Publisher of travel guide books and electronic books The company, a subsidiary of NC2 Media, was acquired by Red intended to offer a first-hand approach, up-to-date maps Ventures, via its financial sponsors General Atlantic, Lead Edge and a commitment to provide the best information for Capital, QED Investors and Silver Lake Management, through an travelers. The company's magazines, television series and estimated $50 million LBO on December 1, 2020. online community enable backpackers and other low-cost travelers to avail of insightful travel advice, tips and recommendations, as well as cartographic maps, language guidance, health and safety advice, and background information. Michigan Chandelier Company Operator of lighting fixtures and electrical supplies The company was acquired by Uniprop and Seneca Partners company based in Rochester, Michigan. The company through an LBO on December 16, 2020 for an undisclosed sum. specializes in providing lighting and electrical materials at competitive prices combined with the best service in the industry.

Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Consumer Products and Services Deals for December 2020

Company Name Description Deal Synopsis Peckish Operator of a protein-centric fresh snacking brand. The The company was acquired by Egg Innovations, via its financial company offers a variety of food kits that contain sponsors, Skyline Global Partners and S2G Ventures, through an perfectly boiled organic free-range eggs with whole LBO on December 17, 2020 for an undisclosed sum. protein and comes along clean ingredients, exploratory flavours with crispy dips that fit paleo, keto, Whole30 and gluten-free lifestyles, enabling consumers to enjoy well- prepared snacks without ever conceding on nutrition.

Pinnacle Veterinary Center Operator of a veterinary hospital. The hospital provides The company was acquired by People Pets and Vets, via its dental care, diagnostic testing, spay and neuter, urgent financial sponsor Cressey & Company, through an LBO on care, surgery and vaccinations for all pets. December 17, 2020 for an undisclosed sum.

Pirate's Cove Car Wash (Schertz) Provider of car wash services in Schertz, Texas. The facility The company was acquired by GO Car Wash, via its financial provides services like tire shine, double bond wax, sponsor Imperial Capital Group, through an LBO on December 8, undercarriage wash, triple foam polish and other services 2020 for an undisclosed sum. to its customers. Ross-Simons Owner and operator of a chain of stores offering jewelry The company was acquired by Nonantum Capital Partners and luxury items in the United States. The company offers through an LBO on December 10, 2020 for an undisclosed sum. jewelry products including diamond, bridal, CZ, gemstone, To support the transaction, Citizens Bank provided $30 million gold, pearl and silver jewelry. It also offers home and of debt financing in the form of a revolving line of credit. tableware products, such as furniture, flatware, stemware, barware, serve ware, dinnerware, clocks, decorative accents, jewelry boxes, wall decor, frames and gift certificates. The Surrey Operator of a hotel chain based in New York, United The hotel unit of Denihan Hospitality Group was acquired by States. The company hotel offers an indoor pool or a Reuben Brothers through a $150.15 million LBO on December 3, wellness center that allows guests to be pampered with 2020. massages or cosmetics and also offers a range of suite options to choose from, ensuring a comfortable stay for the guests. The Wella Provider of hair care products. The company offers The company, a subsidiary of Coty, was acquired by Kohlberg professional hair colours, care and styling products, Kravis Roberts for an undisclosed sum on December 1, 2020.The blondors, lift and toning products and hair dressing deal is a part of KKR's acquisition of Coty's Professional and appliances. Retail Hair business which includes other brands like Clairol, OPI and ghd brands in addition to the company.

Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Consumer Products and Services Deals for December 2020

Company Name Description Deal Synopsis Tidal Wave Auto Spa Operator of a car washing chain. The company provides The company received an undisclosed amount of development express car washing services including exterior and capital from Golden Gate Capital on December 30, 2020. interior cleaning as well as a family plan to its customers. Through this transaction the company was recapitalized.

TSW Alloy Wheels Designer and distributor of proprietary aftermarket The company was acquired by Wheel Pros, via its financial custom wheels for the luxury and off-road markets. The sponsors Clearlake Capital Group and PennantPark Investment, company manufactures high-end luxury wheels for the through an LBO on December 22, 2020 for an undisclosed sum. automotive aftermarket and develops technical products With this acquisition Wheel Pros enhances its brand awareness with a heavy design component, producing aftermarket and innovative design capabilities to meet the needs of a rapidly wheels for automotive enthusiasts who customize their growing customer base. cars. Twin Ponds Operator of ice skating complex intended for skaters and The company was acquired by Black Bear Sports Group, via its youth hockey players. The arena features two NHL ice financial sponsor SilverHaze Partners, through an LBO on sheets and one smaller training sheet, a cafe, pro shop December 31, 2020 for an undisclosed sum. and athletic turf designed for baseball training.

Univision Communications Operator of a multimedia company intended to create The company was acquired by Searchlight Capital Partners and content for the Hispanic and Latino American ForgeLight through an estimated $2.53 billion LBO on December communities. The company entertains, informs and 29, 2020. The transaction values the company at $2.82 billion. empowers the Hispanic and Latin American communities After the transaction, Searchlight Capital Partners and with news, sports and entertainment content through ForgeLight own a 64% stake in the company with the remaining broadcast and cable television, audio and digital 36% held by Televisa. The deal will enhance the company's platforms, providing a broad spectrum of Spanish- digital presence, deepen relationships with Hispanic audiences language content to people across the United States. and communities and create content for the next generation of Spanish-speaking viewers. The Goldman Sachs Group and Deutsche Bank also participated in the round by providing a $2 billion term loan and a $610 million revolving credit line.

Urban Farmer Manufacturer of plant-based specialty dough products The company was acquired by Paine Schwartz Partners through based in Manteno, Illinois. The company's product an LBO on December 7, 2020 for an undisclosed sum. portfolio includes pizza crusts, topped pizzas, flatbreads, breadsticks, cheese bread, tortillas, empanadas and sandwich buns.

Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected] Consumer Products and Services Deals for December 2020

Company Name Description Deal Synopsis Ventev Mobility Manufacturer and supplier of mobile device accessory The company, a subsidiary of Tessco Technologies, was acquired products based in the United States. The company offers by VoiceComm, via its financial sponsors Tygon Peak Capital, a range of products including charging cables, dashports, Seven Shores and Rockwave Capital, through an LBO on wall ports, portable power, dash mounts and wireless December 3, 2020 for an undisclosed sum. charging, enabling the customers to keep connected with uninterrupted power. Victor Pet Food Producer and distributor of pet food products. The The company was acquired by TA Associates Management and company produces naturally formulated with no artificial Rx3 Growth Partners through an LBO on December 16, 2020 for preservative food for cats, dogs and horses. an undisclosed sum.

Cook M&A Advisory Services 212 W Kinzie Street, Ste. 600 Arnis Kins (312) 755-5615 Chicago, IL 60654 Managing Director [email protected]