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 financial sponsor 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 Inspire Brands, via its financial sales) and Baskin-Robbins (17%), generates revenue sponsors Roark Capital Group 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 buyout by Roark Capital-backed Inspire Brands, the parent company of Arby's, Sonic, Buffalo Wild Wings, 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 Atlanta, 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.