Black Spade Acquisition II Co Completes Business Combination with The Generation Essentials Group (TGE)

Blackstone Acquires Majority Stake in SPANX

October 20, 2021

Consumer Products

Blackstone (through its Blackstone Growth and Tactical Opportunities businesses) agreed to acquire a majority stake in SPANX, Inc. at a $1.2 billion valuation, with founder Sara Blakely retaining a significant equity stake and becoming Executive Chairwoman. The investment is intended to accelerate SPANX's digital transformation, expand its global footprint, and support product and category growth across e-commerce and retail channels.

Group Black Acquires Galore Media Inc.

April 17, 2024

Media & Entertainment

Group Black, an MBE-certified media company, has acquired Galore Media Inc., a social-first culture and lifestyle media brand focused on fashion, beauty and Gen Z/Latinx creators. The acquisition brings Galore's content production and audience (reported ~15 million monthly reach) into Group Black's portfolio to expand capabilities, scale event production and deepen connections between brands and multicultural audiences.

Authentic Brands Group & SPARC Group Acquire Eddie Bauer

May 7, 2021

Retail

Authentic Brands Group (ABG) and SPARC Group have agreed to purchase Eddie Bauer from PSEB Group, an operating company owned by Golden Gate Capital. ABG will own Eddie Bauer's intellectual property while the brand's core operating business will be integrated into SPARC's portfolio; Eddie Bauer will remain headquartered in the Seattle area under current President Damien Huang. The deal (expected to close by June 1, 2021) is intended to expand the brand's global reach and accelerate omnichannel and e‑commerce growth; no financial terms were disclosed.

Gores Metropoulos II Completes Business Combination with Sonder Holdings Inc.

January 18, 2022

Restaurants & Hospitality

Sonder Holdings Inc. completed its previously announced business combination with SPAC Gores Metropoulos II and will commence trading on the Nasdaq under ticker SOND. The deal included approximately $310 million of PIPE commitments from investors (including affiliates of GMII, Fidelity, BlackRock, Atreides and Senator) and provides access to $165 million of delayed draw notes to strengthen Sonder's balance sheet and fund growth.

Nexus Capital and HDT Global Acquire Aviation Ground Equipment Corp.

March 15, 2023

Aerospace & Defense

Nexus Capital Management LP and HDT Global have acquired Aviation Ground Equipment Corp. (AGEC), a veteran-owned manufacturer and distributor of aviation ground support equipment. The deal was structured as a new entity within the HDT portfolio to expand HDT's aircraft ground power and thermal management capabilities for military and commercial aviation programs, including support for F-35 and B-21 programs.

Generation Growth Capital Acquires Killer Instinct

February 1, 2022

Consumer Products

Generation Growth Capital, with an investment from Aldine Capital Partners and participation from former majority shareholder Tod Quiring, acquired Killer Instinct, a Frankenmuth, Michigan-based maker of crossbows and archery accessories. The private-equity backed deal will support Killer Instinct’s growth plans including product innovation, additional product lines and potential near‑term acquisitions.