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New Deal


Announced

Chernin Group-backed HODINKEE to acquire Crown & Caliber.

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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Majority

Specialty Retailers

Single Bidder

Friendly

United States

Private Equity

Domestic

Acquisition

watch retailer

Pending

Private

Synopsis

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Chernin Group-backed HODINKEE, a New York City-based watch website, agreed to acquire Crown & Caliber, a watch store in Sandy Springs, Georgia. Financial terms were not disclosed. The deal further solidifies HODINKEE’s mission of making the world of watches better by investing in and developing products that cater to today’s enthusiasts.

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