JPB Partners Acquires The Helpful Hardware Company with Financing from Tecum Capital Partners
September 24, 2019
JPB Partners has acquired The Helpful Hardware Company, an Ace Hardware franchisee operating eight stores across the Southeast, with subordinated debt and equity provided by Tecum Capital Partners to support the transaction. Darin Workman will remain CEO and retain a minority stake; financial terms were not disclosed and the former owner was The Capstan Fund.
- Buyers
- JPB Partners, Tecum Capital Partners
- Targets
- The Helpful Hardware Company
- Sellers
- The Capstan Fund
- Industry
- Retail
- Location
- Georgia, United States
- Transaction Type
- Buyout
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