Prospect Hill Growth Partners Acquires Majority Stake in Lifestyle Solutions

Prospect Hill and KeyImpact Form Acxion Foodservice by Acquiring Advantage Solutions' Foodservice Businesses

January 31, 2024

Marketing & Advertising

Prospect Hill Growth Partners has acquired Advantage Solutions' collection of foodservice businesses (including Waypoint, Marlin Connections, Primeline, CSSI, Ettros/Ettinger-Rosini, Halverson Group and Coleman, Greear & Associates) and combined them with KeyImpact Sales & Systems to form Acxion Foodservice. Advantage received approximately $100 million in proceeds (mostly cash plus a 7.5% ongoing stake) and will retain a board seat; the deal creates a larger North American foodservice sales and marketing agency while allowing Advantage to focus on its core retail business.

Prospect Hill Growth Partners Acquires MOTIS Brands

May 24, 2022

E-Commerce

Prospect Hill Growth Partners (PHGP), a Boston-area private equity firm, has acquired MOTIS Brands from Rotunda Capital Partners. MOTIS is a vertically integrated direct-to-consumer and omni-channel manufacturer and e-commerce operator in the loading, hauling, mobility, automotive and recreational segments; PHGP plans to scale the platform organically and via complementary acquisitions.

Great Hill Partners Acquires Majority Stake in notonthehighstreet

February 9, 2021

E-Commerce

Boston-based growth equity firm Great Hill Partners has acquired a majority stake in UK curated online marketplace notonthehighstreet, with existing investors Burda Principal Investments and Industry Ventures remaining as shareholders. The investment will support the company’s rapid growth by expanding its marketplace reach, accelerating its tech and product roadmap, and developing new product categories and discovery capabilities for customers and small-business partners.

Linden Capital Partners Acquires LifeStyles Healthcare

December 1, 2022

Consumer Products

Linden Capital Partners has acquired LifeStyles Healthcare, a global sexual health and wellness platform, from a consortium of investors including Trustar Capital and Humanwell Healthcare. The deal excludes LifeStyles' Chinese operations (including the Jissbon brand), which will be retained by the selling shareholders; Linden has named Laurent Faracci as incoming CEO and Ron Fugate as Chairman to drive commercial, brand, and innovation-led growth.

Prospect Hill Growth Partners Acquires Majority Stake in Fitness Ventures

March 3, 2020

Healthcare Services

Prospect Hill Growth Partners has acquired a majority interest in Fitness Ventures, LLC, a fast-growing Crunch Fitness franchisee headquartered in Orlando, Florida. Founder Brian Hibbard will remain a substantial investor and continue as CEO; the partnership provides Fitness Ventures with institutional capital to accelerate development and pursue a goal of operating 100 Crunch Fitness locations.

Housatonic Partners Invests in Working Solutions

January 12, 2021

Staffing & HR

Housatonic Partners, a growth-oriented private equity firm, made a significant growth equity investment in Working Solutions to fund technology automation and support geographic and market expansion. The capital will help the on-demand, onshore contact center provider scale its virtual model and expand tools, channels and geographies amid strong demand during the COVID-19 pandemic.