Jack and Sage Acquires Kastlfel

EagleTree Capital Acquires MacKenzie-Childs from Castanea Partners

October 4, 2022

Consumer Products

EagleTree Capital, via its EagleTree Partners V fund, has acquired artisan home-decor brand MacKenzie-Childs from Castanea Partners; terms were not disclosed. Stellus Capital Management provided senior debt financing and an equity co-invest to support the transaction, and MacKenzie-Childs will operate as a new platform within EagleTree's portfolio with management and operations remaining in place.

Lakeshirts Acquires Aksels

May 1, 2023

Consumer Products

Lakeshirts has acquired Aksels, a Colorado-based resort apparel and accessory maker known for socks, hats and tees. Lakeshirts will operate Aksels as a standalone brand within its growing portfolio to expand its resort and souvenir apparel offerings.

Ackley Brands Acquires Mac & Jack's Brewing Company

October 4, 2023

Food & Beverage

Family-owned Ackley Brands of Seattle has acquired Mac & Jack's Brewing Company, a 30-year-old craft brewery based in Redmond, Washington. The founders, Mac Rankin and Jack Schropp, will retain leadership/consulting roles and the existing brewery team will remain in place as Ackley integrates the brand into its Pacific Northwest beverage portfolio.

Closed Loop Partners Acquires Majority Stake in Sage Sustainable Electronics

November 1, 2023

IT Services

Closed Loop Partners, via its Closed Loop Leadership Fund, has acquired a majority stake in Sage Sustainable Electronics, a Columbus, Ohio–based IT asset disposition (ITAD) provider. The investment will provide Sage with capital and access to Closed Loop's circular-economy ecosystem to accelerate growth, expand reuse-and-recovery services, and strengthen its position in North America.

Sage Sustainable Electronics Acquires Cascade Asset Management

February 20, 2025

Environmental Services

Columbus-based Sage Sustainable Electronics, a portfolio company backed by Closed Loop Partners' buyout private equity group, has acquired Madison-based IT asset disposition (ITAD) provider Cascade Asset Management. The bolt-on acquisition expands Sage's national footprint, adds demanufacturing and refurbishment capabilities, and strengthens its position as a leading sustainable ITAD platform in the United States.

EQT Sells kfzteile24 to Management and Investor Consortium

April 20, 2023

E-Commerce

EQT Mid Market has sold Berlin-headquartered eCommerce platform kfzteile24 to a consortium led by the company's management together with Project A Ventures, Koehler Group and a group of technology investors (SB21). Under EQT's ownership kfzteile24 expanded its product range and logistics capabilities; the transaction closed on 20 April 2023 as an exit by EQT Private Equity.