Trendy Group Acquires Majority Stake in Denham the Jeanmaker

Multiply Group Acquires Controlling Stake in Tendam

February 25, 2025

Retail

Multiply Group has acquired a 67.91% controlling stake in Castellano Investments S.À R.L. (owner of Tendam Brands S.A.U.), in a transaction valuing Tendam at approximately AED 5.6 billion (€1.3 billion). The deal — in which CVC (via Llano Holdings) and PAI Partners (via Arcadian Investments) remain minority shareholders — doubles Multiply's operational EBITDA and positions Tendam as the anchor of Multiply's new Retail & Apparel vertical as the group pursues international expansion and technology-led capability building.

truckstop.com Acquires Denim

August 19, 2025

Transportation

truckstop.com has acquired Denim, a transportation-focused fintech that provides factoring, automated invoicing, and back-office automation. The acquisition will integrate Denim's AI-driven payment processing and recourse factoring capabilities into truckstop.com's freight marketplace and carrier identity solutions to improve cash flow, reduce time-to-cash, and expand financial services for carriers and brokers.

LDC Backs Management Buyout of Tailored Brands' Corporate Apparel Group

August 20, 2019

Manufacturing

LDC has backed a management buyout of the corporate apparel business carved out from US-based Tailored Brands in a deal valuing the group at £50 million. The UK-based group — trading under Dimensions, Alexandra, Yaffy and Twin Hill — employs over 800 people, generates about £150 million of annual revenue and will use the investment to accelerate organic and international growth and pursue complementary acquisitions.

Advent International Acquires Majority Stake in ZIMMERMANN

August 8, 2023

Retail

Advent International has agreed to acquire a majority shareholding in ZIMMERMANN from Style Capital, with the Zimmermann family and Style Capital retaining a significant minority stake. The investment will support ZIMMERMANN’s international expansion—particularly in Asia and the Middle East—broaden product categories and accessories, and strengthen its online and omnichannel presence.

TonerPartner Group (backed by Rivean Capital) Acquires Trensco (HD Toner & HQ‑Fit)

September 17, 2024

E-Commerce

The TonerPartner Group, backed by private equity investor Rivean Capital, has acquired 100% of Trensco GmbH & Co. KG and its brands HD Toner and HQ‑Fit. The deal expands TonerPartner's e‑commerce platform, creating the largest online retailer in Germany for printer consumables with roughly one million active customers and over €100 million in annual revenue, and aims to capture growth via AI‑driven marketing, procurement synergies and new sustainable product ranges.

Vandemoortele Acquires Majority Stake in Banneton Bakery

April 8, 2024

Food & Beverage

Vandemoortele, a family-owned European food group, has acquired a majority stake in Banneton Bakery, a New Jersey-based manufacturer of freezer-to-oven croissants, danishes, and other pastries. The transaction represents a full exit for Encore Consumer Capital; founders Victor and Alex Litinetsky remain investors and will continue to run day-to-day operations.