Announced
Financials
Sources
Tags
discount retailer
Majority
United States
Specialty Retailers
Pending
Private
Friendly
Private Equity
Acquisition
Single Bidder
Synopsis
ACON Investments agreed to acquire Bargain Hunt, an extreme value retail chain that offers quality name-brand merchandise at a 30-90% discount. Financial terms were not disclosed. “The entire team is excited about our new partnership with ACON and the value they will bring to the Company. The transaction significantly strengthens our balance sheet, facilitates our growth plan and allows us to invest in great merchandise, technology and other important aspects of our business,” David Wachsman, Bargain Hunt CEO.
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