Larry H. Miller Company Acquires Majority Stake in Swig

Stran & Company Acquires T R Miller Co., Inc.

June 1, 2023

Marketing & Advertising

Stran & Company, Inc. (NASDAQ: SWAG) completed the acquisition of the assets and business of T R Miller Co., Inc., a branded merchandise and promotional-products provider. The acquisition adds T R Miller's 20,000 sq. ft. decoration, fulfillment and distribution center in Walpole, Massachusetts and about $19 million of FY2022 revenue, enhancing Stran's operational and fulfillment capabilities.

Merchant Investment Management Makes Minority Growth Investment in Southwestern Investment Group

January 25, 2022

Financial Services

Merchant Investment Management (Merchant) completed a minority growth-capital investment in Southwestern Investment Group (SWIG), a Franklin, Tennessee-based registered investment advisor overseeing approximately $5.8 billion AUM. The transaction (closed in November) will leave SWIG independent while management and advisors take ownership stakes and leverage Merchant's capital and strategic resources to support continued growth and sustainability.

Mammoth Holdings Acquires Wiggy Wash

October 31, 2019

Automotive

Mammoth Holdings has acquired Wiggy Wash, a four-unit conveyor car wash operator in Utah Valley. Red Dog Equity (with backing from The Pritzker Organization) provided the equity financing and Monroe Capital provided debt; Wiggy Wash founders Brent Wignall and Chris Hailstone made a significant equity investment in Mammoth and will continue in executive and development roles as Mammoth expands in Utah and the Mountain West.

Savory Fund Acquires Majority Stake in The Sicilian Butcher

October 12, 2022

Restaurants & Hospitality

Savory Fund has acquired a majority interest in chef Joey Maggiore’s The Sicilian Butcher and its sister concept The Sicilian Baker, committing up to $30 million to support expansion. The Maggiores will remain involved while Savory Fund joins the board and aims to rapidly scale the Arizona-based three-unit brand into new markets (Texas and Las Vegas) with a goal of 20 units over four years.

Gryphon Investors Acquires Majority Stake in Spindrift Beverage Co.

January 14, 2025

Food & Beverage

Gryphon Investors will acquire a majority stake in Spindrift Beverage Co., a Newton, Massachusetts-based maker of sparkling water and other fruit-based beverages, with founder Bill Creelman and the management team retaining a significant equity stake. The investment coincides with the appointment of Dave Burwick as CEO and is intended to provide financial and operational resources to accelerate the brand's growth; the deal is expected to close in Q1 2025 (terms not disclosed).

Brenntag Acquires JM Swank from Platinum Equity

June 23, 2021

Food & Beverage

Brenntag has agreed to acquire JM Swank, a national food-ingredients distributor headquartered in North Liberty, Iowa, from Platinum Equity. JM Swank generated approximately $500 million of sales in 2020; the deal is intended to significantly expand Brenntag's Nutrition business in North America and is expected to close in Q3 2021 subject to customary conditions and regulatory approvals.