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

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.