Spartoo Acquires Minority Stake in SAAJ

The Jordan Company Acquires Spartech from Nautic Partners

May 10, 2021

Manufacturing

The Jordan Company completed the acquisition of Spartech, a Maryland Heights, Missouri-based manufacturer of engineered thermoplastics and custom packaging solutions. Nautic Partners will remain a minority shareholder, and TJC said the investment will support Spartech's organic growth and strategic acquisitions while adding industry veteran Andy Brewer as Executive Chairman.

Eurazeo Invests $75 Million in Jaanuu

January 11, 2022

Consumer Products

Eurazeo has made a $75 million minority growth investment in Jaanuu, a direct-to-consumer designer and manufacturer of premium medical apparel, to support brand marketing, product innovation and international expansion. The funding brings Jaanuu's total capital raised to roughly $100 million and Eurazeo will join an expanded board to help guide the company’s next phase of global growth.

Blackstone Acquires Majority Stake in SPANX

October 20, 2021

Consumer Products

Blackstone (through its Blackstone Growth and Tactical Opportunities businesses) agreed to acquire a majority stake in SPANX, Inc. at a $1.2 billion valuation, with founder Sara Blakely retaining a significant equity stake and becoming Executive Chairwoman. The investment is intended to accelerate SPANX's digital transformation, expand its global footprint, and support product and category growth across e-commerce and retail channels.

Nautic Partners Acquires Spartech from Arsenal Capital Partners

October 21, 2019

Manufacturing

Nautic Partners, together with Spartech management, has completed the acquisition of Spartech, a Maryland Heights, Missouri-based manufacturer of engineered acrylics, extruded plastics and thermoformed packaging, from Arsenal Capital Partners. Nautic said it will partner with the long‑tenured Spartech management team to invest in new products, expand capabilities and pursue selective add‑on acquisitions to grow the business.

PSG Makes Growth Investment in Yottaa

May 12, 2022

Cloud & SaaS

PSG, a growth equity firm, has made a significant growth investment in Yottaa, Inc., a Waltham-based provider of SaaS eCommerce website optimization software. Financial terms were not disclosed; PSG will support Yottaa’s product development and go-to-market expansion, and PSG Senior Advisor Richard Hearn will join Yottaa’s board.

JCPenney and SPARC Group Combine to Form Catalyst Brands

January 13, 2025

Retail

JCPenney and SPARC Group have merged in an all-equity joint venture to create Catalyst Brands, consolidating six retail banners including JCPenney, Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica. The new Catalyst Brands — backed by shareholders Simon Property Group, Brookfield Corporation, Authentic Brands Group and Shein — launches from JCPenney’s Plano, Texas headquarters with broad omnichannel reach, approximately $9 billion of revenue, 1,800 stores and roughly 60,000 employees.