ASG Management and Freedom 3 Capital Acquire Associated Supermarket Group from AUA Private Equity

AmeriLife Acquires Majority Interest in Agent Support Group

December 10, 2019

Insurance

AmeriLife Group, LLC has acquired a majority interest in Agent Support Group (ASG), a long-established life insurance brokerage agency serving the New York metropolitan area. ASG's three partners will continue to lead the business from its New York office as part of AmeriLife's expanded annuity and retirement planning brokerage distribution channel, enhancing AmeriLife's advanced case, underwriting and high-net-worth capabilities.

Tecum Capital-Led Investor Group Recapitalizes Automotive Systems Warehouse (ASW)

February 7, 2022

Logistics & Distribution

A consortium led by Pittsburgh-based private equity firm Tecum Capital, alongside Siguler Guff, Centerfield Capital Partners and UMB Family Wealth, has completed an eight-figure recapitalization of Automotive Systems Warehouse, LLC (ASW). The deal, which included equity and subordinated debt and involved ASW management as co-investors, funds growth initiatives and addresses founder succession while keeping the existing leadership team in place.

Grocery Outlet Holding Corp. Acquires United Grocery Outlet

February 15, 2024

Retail

Grocery Outlet Holding Corp. agreed to acquire United Grocery Outlet (UGO), adding 40 stores and a distribution center and expanding Grocery Outlet's footprint into six Southeastern states. The deal—purchased from affiliates of Gen Cap America, Inc. and current and former UGO management—is expected to close early in Q2 2024 and provides a platform for further Southeast expansion while being modestly accretive to 2024 earnings.

Sun Capital Affiliate Acquires Select Interior Concepts (renamed Architectural Surfaces Group)

October 21, 2021

Building Products

An affiliate of Sun Capital Partners has completed the acquisition of Select Interior Concepts and the business has been renamed Architectural Surfaces Group (ASG). ASG, headquartered in Austin, Texas, is a national importer and distributor of natural stone, engineered stone and tile with 22 distribution centers and 20 showrooms; Sun Capital intends to support growth, digitization and consolidation initiatives.

TDR Capital and Issa Brothers Complete Acquisition of Asda from Walmart

February 16, 2021

Retail

Funds managed by TDR Capital, alongside EG Group co-shareholders Mohsin and Zuber Issa, have acquired Asda from Walmart, with Walmart retaining a minority stake. Asda — a Leeds-headquartered, omni-channel supermarket operator with an estate of over 600 stores and a large online grocery platform — will be repositioned to drive growth, particularly through a partnership with EG Group to develop convenience retail and food-to-go capabilities.

ASDA Acquires EG Group's UK & Ireland Business

October 31, 2023

Retail

ASDA has completed the acquisition of EG Group’s UK and Ireland operations, comprising 356 petrol filling stations and 462 food-to-go locations. The deal accelerates ASDA’s convenience retail strategy, substantially expanding its forecourt and convenience footprint and making ASDA the #3 convenience retailer in the UK.