BMI Merchandise Acquires Peek-a-Boo Toys

New Mountain Capital Leads Acquisition of Broadcast Music, Inc. (BMI)

November 23, 2023

Media & Entertainment

New Mountain Capital will lead a shareholder group to acquire Broadcast Music, Inc. (BMI), the world’s largest performing rights organization, with CapitalG taking a passive minority stake. The investment is intended to fund technology upgrades, new service offerings and M&A to increase royalty collections and accelerate cash distributions to BMI affiliates; BMI shareholders will allocate $100 million of sale proceeds to affiliates following closing.

Crown Crafts Acquires Baby Boom Consumer Products

July 22, 2024

Consumer Products

Crown Crafts, Inc. acquired substantially all of the assets of Baby Boom Consumer Products, Inc., expanding Crown Crafts' presence in the toddler bedding category and adding diaper bags and licensed-product offerings. The transaction was financed via an $8 million term loan and additional borrowings under Crown Crafts' revolving credit facility; Crown Crafts paid $18 million subject to customary working capital adjustments.

Beecken Petty O'Keefe Acquires Midwest Products & Engineering from Pfingsten

October 1, 2019

Medical Devices

Chicago-based Beecken Petty O'Keefe & Company (BPOC) acquired a majority equity stake in Midwest Products & Engineering (MPE), a Milwaukee-based designer and manufacturer of mobile and stationary healthcare products. The transaction closed September 24, 2019, as Pfingsten sold MPE to BPOC; financial terms were not disclosed and MPE's CEO Hank Kohl will remain in place to continue growth initiatives under BPOC's healthcare-focused platform.

Lumelight Acquires BMI Audit Services

September 23, 2025

Healthcare Services

Lumelight, a benefits compliance provider, has acquired BMI Audit Services, a specialist in dependent eligibility verification and medical and pharmacy claims audits. The acquisition expands Lumelight’s oversight capabilities and enhances its ability to help employers, brokers, TPAs and health plans reduce costs and manage fiduciary and compliance obligations.

KIRKBI A/S Acquires BrainPOP

October 11, 2022

Education

KIRKBI A/S, the family-owned holding company of the LEGO brand, has acquired 100% of BrainPOP, a leading K–12 educational technology platform. KIRKBI will operate BrainPOP as an independent business, invest to accelerate its product roadmap, and leverage the LEGO ecosystem to expand BrainPOP’s digital learning reach and direct-to-consumer offerings.

Buffalo Games Acquires Boogie Board

March 25, 2025

Consumer Products

Buffalo Games announced the acquisition of Boogie Board, the reusable writing and drawing tablet brand originally commercialized by Kent Displays. The purchase expands Buffalo Games' consumer enrichment product portfolio — bringing Boogie Board's creative-play and learning-focused electronics into Buffalo Games' retail and e-commerce channels while maintaining existing distribution.