Announced
Completed
Financials
Sources
Tags
Completed
Diversified Retailers
United States
Domestic
Friendly
Private
Acquisition
convenience stores
Minority
Venture Capital
Single Bidder
Private Equity
Synopsis
Brookfield Property Group led a $40m Series B round in New Stand, a New York-based company which specializes in creating convenience stores, with participation from Maywic, Fantail Ventures and Raga Partners. The company, which has raised over $56m since 2015 inception, intends to use the funds to expand operations and its reach in the business industry and add new space.
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