Bregal Freshstream has taken over Radley + Co. after a much rumoured acquisition involving the company.
Following the deal, Donald Mccarthy, the current CEO and chairman of Rubicon Retail, will take over as the new chairman of the target company.
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The deal will help Radley to further grow its business and build brand appeal.
Bregal Freshstream is a private equity firm, whereas Radley is a UK handbag and accessories brand.
The Invus Group has acquired a controlling stake in Ashley Stewart from its previous owners Clearlake Capital Group and FirePine Group.
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As part of the deal, FirePine founder James Rhee will take over as the chairman and CEO of the target company.
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By GlobalDataAshley Stewart is a leading global lifestyle brand for plus size women’s fashion, whereas the other three companies involved are private capital firms based in US.
Malaysian mobile application developing company KFit Holdings plans to strategically enter the Indonesian market by acquiring Groupon Indonesia.
As part of the acquisition, which is expected to be completed by Q3 2016, Groupon Inc. will become a strategic investor in KFit, while the latter will take over as the parent company of Groupon Indonesia.
Groupon Inc. is currently the parent company of Groupon Indonesia.
Image: Ashley Stewart is a leading global lifestyle brand for plus size women’s fashion. Photo: courtesy of JamesDeMers via Pixabay.
