Promus Equity Partners to acquire Dover Saddlery from Webster Equity Partners.

Promus Equity Partners, a private equity investment firm affiliated with Promus Holdings, a multi- family asset management firm based in Chicago, Illinois, agreed to acquire Dover Saddlery, an omni-channel retailer of equestrian products, from Webster Equity Partners, a private equity firm. Financial terms were not disclosed. "We’ve gotten to know the Dover business and leadership team and love what we see. We are not in the business of running companies, rather collaborating as active board members who partner with management teams to build world class businesses. We look forward to supporting the team as it takes the company to the next level," Steve Brown, Promus Partner.