F. Schumacher & Co Acquires Backdrop

F. Schumacher & Co. Acquires Tillett Textiles

June 11, 2025

Manufacturing

F. Schumacher & Co. has acquired Tillett Textiles, the historic hand-printed fabric house long associated with high-end designers; the deal was finalized in late May for an undisclosed price. Schumacher will preserve Tillett’s bespoke hand-printing legacy, wind down operations in Sheffield, Massachusetts, print wallpapers at its Paramount Prints facility in New Jersey, and plans to launch new collections in 2026 with Katarina Ostbye named president of Tillett.

CSC Generation Enterprise Acquires Backcountry

September 9, 2024

Retail

CSC Generation Enterprise acquired Backcountry and its family of brands (MotoSport, Competitive Cyclist, Steep & Cheap), adding the specialty outdoor retailer to CSC’s multi-brand, digital-first platform. The deal is supported by a $112.0 million senior secured credit facility provided by Second Avenue Capital Partners, SB360 Capital Partners, and Ares Commercial Finance to refinance prior debt and support the acquisition.

Catalyst Acoustics Group Acquires Fräsch, LLC

July 15, 2020

Building Products

Catalyst Acoustics Group, a platform company backed by The Stephens Group, acquired Fräsch, a Texas-based maker of polyester acoustic wall and ceiling products. The deal adds polyester-based acoustic panels, baffles, partitions and acoustic lighting to Catalyst’s portfolio to broaden product offerings and technical expertise while Fräsch’s founders and employees remain with the business.

Backlight Launches with Acquisition of ftrack, iconik, Celtx, Wildmoka and Zype (PSG-led $200M+ Investment)

April 12, 2022

Cloud & SaaS

Backlight, a newly launched media technology platform backed by a $200M+ investment led by growth equity firm PSG, acquired five media software businesses: ftrack, iconik, Celtx, Wildmoka and Zype. The funding will support product development, talent and infrastructure investments and enable Backlight to pursue additional add-on acquisitions to modernize media workflows across the content lifecycle.

Cast & Crew Acquires Backstage Holdings

February 1, 2022

Media & Entertainment

Cast & Crew has signed a definitive agreement to acquire Backstage Holdings, the subscription-based talent marketplace and content-creation platform. The acquisition (financed with cash and stock) brings Backstage's marketplaces and creative tools into Cast & Crew's end-to-end production platform, expanding capabilities across talent, payroll, HR, finance and creative workflow; Backstage will continue to operate as a distinct brand under existing leadership.

Shutterfly Acquires Spoonflower

August 10, 2021

E-Commerce

Shutterfly has completed the acquisition of Spoonflower, a global marketplace for custom fabric, wallpaper and home decor, for approximately $225 million of enterprise value. The deal expands Shutterfly's product assortment and connects its 21 million active users to Spoonflower's community of designers, accelerating Shutterfly's entry into the home decor and custom textiles market.