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New Deal


Announced

Completed

Centre Lane Partners completed the acquisition of Lenox.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Domestic

Private

Completed

tableware

Household Equipment and Products

Private Equity

Single Bidder

United States

Majority

Friendly

Synopsis

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Centre Lane Partners, a New York-based private investment firm, completed the acquisition of Lenox, a designer and marketer of dinnerware, flatware, glassware, kitchen, and giftware. Financial terms were not disclosed. "We are delighted to join the Centre Lane Partners family. We have spent the last 18 to 24 months shaping our operational platform for growth. We have invested in branding and strengthened our e-commerce capabilities and, with the support of Centre Lane, we are looking forward to building on the vision that has made Lenox so unique since its founding in 1889," Mads Ryder, Lenox CEO.

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