Food52 Acquires Schoolhouse

December 14, 2021

Food52 has entered into a definitive agreement to acquire Schoolhouse, the Portland-based lighting and lifestyle goods maker, for approximately $48 million in cash and stock. The transaction is being funded by investor TCG, which also provided an incremental investment to Food52 as it pursues retail expansion, product assortment growth, and build-out of creative studios.

Buyers
Food52, TCG (The Chernin Group)
Targets
Schoolhouse
Location
Oregon, United States
Transaction Type
Buyout

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