Farragut and Skyline Back Blue Ocean Brands' Acquisition of Majik Rent-To-Own
June 18, 2024
Farragut Capital Partners provided unitranche debt and equity alongside Skyline Investors to support Blue Ocean Brands' acquisition of Majik Rent-To-Own, a rent-to-own retail chain headquartered in Mountville, Pennsylvania. The investment will merge Majik's 13 stores into the Blue Ocean platform and fund further add-on acquisitions as part of a buy-and-build growth strategy.
- Buyers
- Farragut Capital Partners, Skyline Investors, Blue Ocean Brands
- Targets
- Majik Rent-To-Own (MAJIK Enterprises International, Inc.)
- Platforms
- Blue Ocean Brands
- Industry
- Retail
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.