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
- Industry
- Consumer Products
- Location
- Oregon, United States
- Transaction Type
- Buyout
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