Juggernaut Capital Partners Acquires Crystal Deodorant from French Transit

Crystal Flash Acquires J-M Transports, Inc.

November 4, 2021

Transportation

Grand Rapids-based energy distributor Crystal Flash, Inc. acquired J-M Transports, Inc., a family-owned fuels and propane transport provider headquartered in Newark, Illinois. The deal — Crystal Flash’s first acquisition outside Michigan — establishes a new Midwest Transportation Office and brings J-M’s drivers, dispatchers and management into Crystal Flash’s employee-owned organization.

Goldman Sachs Alternatives Takes Majority Stake in Crystal Group

May 6, 2024

Wealth Management

The Private Equity business at Goldman Sachs Alternatives has agreed to become the majority shareholder in French wealth manager Crystal, alongside Crystal's management team led by Bruno Narchal and Jean-Maximilien Vancayezeele; Seven2 will remain a c.25% shareholder. Crystal, founded in 1992, manages around €22 billion AUM (pro forma for recent acquisitions) and said the investment will support growth in France and internationally, including significant investments in digital and AI. The transaction is subject to regulatory and antitrust approvals.

Juggernaut Capital Partners and Farragut Capital Partner in Majority Recapitalization of BOOM! by Cindy Joseph

February 2, 2021

Consumer Products

Juggernaut Capital Partners led a majority recapitalization of BOOM! by Cindy Joseph, with Farragut Capital Partners providing subordinated debt and an equity co-investment to support the transaction. Senior debt financing was provided by Alliance Partners to fund the deal and support BOOM!'s growth of its pro-age cosmetics and skincare direct-to-consumer business.

J.F. Lehman & Company Acquires Heritage-Crystal Clean

October 17, 2023

Environmental Services

An investment affiliate of J.F. Lehman & Company completed the all-cash acquisition of Heritage-Crystal Clean, Inc. ("Crystal Clean") at $45.50 per share, valuing the company at roughly $1.2 billion and taking it private. The transaction was financed with committed debt from Jefferies Finance LLC, Sumitomo Mitsui Banking Corporation and PSP Investments Credit USA LLC; key shareholders including The Heritage Group and CEO Brian Recatto supported the deal.

Krystal Growth Partners Acquires Majority Stake in Joto Imaging Supplies

August 23, 2022

Logistics & Distribution

Krystal Growth Partners has acquired a majority interest in Joto Imaging Supplies and named Phil DeSerres as President. Joto, founded in 1989 and headquartered in Coquitlam, British Columbia, is a North American B2B leader in distribution of dye sublimation supplies with five distribution locations across Canada and the United States.

The Boldest Acquires DTC Brand Jupiter

August 29, 2024

Consumer Products

Los Angeles-based venture studio The Boldest has acquired Jupiter, a U.S. direct-to-consumer health & wellness CPG brand, in an all-cash deal. The acquisition (closing in September 2024) will support rapid scaling of Jupiter's online and retail sales while founders Simon Saval and Tyler Turner remain as advisors with a minority equity stake.