Durational Capital Management Acquires Casper

MidOcean Partners Acquires Casper's Ice Cream

January 4, 2022

Food & Beverage

MidOcean Partners, a New York-based middle-market private equity firm, has acquired Casper's Ice Cream, a leading US manufacturer and supplier of branded and co-packed frozen novelty products (including FatBoy, Jolly Llama and ChurnBaby). Casper's, headquartered in Cache Valley, Utah and family-owned for more than 95 years, will pursue accelerated organic growth and strategic M&A under MidOcean's ownership; financial terms were not disclosed.

Permira Acquires Squarespace

October 17, 2024

Cloud & SaaS

Permira has completed an all-cash acquisition of Squarespace, valuing the website-building and SMB-focused SaaS platform at approximately $7.2 billion and taking the company private. Squarespace founder and CEO Anthony Casalena rolled over a substantial majority of his equity and will remain CEO and chairman, while existing investors Accel and General Atlantic remain meaningful shareholders.

Cortec Group Growth Recapitalizes Little Sleepies

December 10, 2021

Consumer Products

Cortec Group, via an affiliated investment group led by Cortec Fund VII, completed a growth recapitalization of Little Sleepies, LLC on October 29, 2021. The minority/growth investment will partner with founder and CEO Maradith Frenkel to accelerate brand awareness, expand product categories, and scale digital marketing and supply chain capabilities.

Cerberus Acquires Brooklyn Bedding and Helix Sleep to Form DTC Mattress Platform

October 13, 2021

E-Commerce

An affiliate of Cerberus Capital Management has acquired Brooklyn Bedding and Helix Sleep and combined them into a vertically integrated direct-to-consumer mattress platform. The combined business will operate under the existing brand names with John Merwin leading the combined company and Helix's co-founders leading the DTC segment, leveraging manufacturing and digital capabilities to scale the business.

Sleeping Bear Capital Acquires Venice Longboards

February 8, 2021

E-Commerce

Sleeping Bear Capital, a founder-focused private equity firm, has acquired Venice Longboards, a California-based e-commerce and lifestyle brand specializing in electric longboards. Founder Brett Casaccio will remain in his role and retain an ownership stake while Sleeping Bear plans to invest in the company’s e-commerce platform, marketing, distribution, customer service and product development to drive growth.

Kinetik Holdings Acquires Durango Permian from Morgan Stanley Energy Partners

June 25, 2024

Oil & Gas

Kinetik Holdings Inc. has completed the acquisition of Durango Permian LLC from investment funds managed by Morgan Stanley Energy Partners. The transaction transfers Durango Permian's Permian Basin gas gathering, processing and CO2 sequestration assets to Kinetik and includes cash and equity consideration with contingent payments tied to commissioning of the Kings Landing processing project.