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New Deal


Announced

Completed

Lion Equity Partners completed the acquisition of T-Y Group and Harbor Linen from Bed Bath & Beyond.

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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United States

Completed

Clothing and Accessories

apparel

Domestic

Friendly

Majority

Private

Acquisition

Single Bidder

Private Equity

Synopsis

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Lion Equity Partners, a Denver-based private equity firm, completed the acquisition of distributors of linens T-Y Group and Harbor Linen from Bed Bath & Beyond, an American chain of domestic merchandise retail stores. Financial terms were not disclosed. “The company is a highly strategic fit with our existing portfolio company, Riegel Linen. The combination will form an industry-leading provider of textiles and amenities for hotels, cruise lines, restaurants, commercial laundries, linen suppliers and healthcare facilities," Jim Levitas, Lion Equity Co-Founder and Partner.

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