Sullivans Brands has been Acquired by ICV Partners

Fort Point Capital has sold Sullivans Brands to ICV Partners.

Based in Sioux Falls, South Dakota, Sullivans is a market leading designer and distributor of everyday and seasonal home décor, garden and outdoor products. Sullivans leverages its reputation for quality, distinctive designs and customer care to serve a diverse and loyal customer base of independent gift and décor retailers, leading national accounts and the e-commerce channel, including direct-to-consumer.

ICV Partners is a Miami-based private equity firm that partners with businesses in the business service, food and beverage, consumer and healthcare sectors.

Fort Point Capital is a private equity firm based in Boston, Massachusetts, that partners with growth-oriented, lower-middle-market companies.

Oaklins TM Capital in the US served as the exclusive financial advisor to Sullivans Brands, a portfolio company of Fort Point Capital, in its sale to ICV Partners.

Service

M&A sell-side

Parties

“It was an honor for Fort Point Capital to work alongside a top-tier management team and be part of the Sullivans Brands story, helping to build an industry heavyweight in the gift and home décor sector. Oaklins TM Capital was an important partner in articulating the Sullivans investment thesis to the market and in building the case for the company’s continued momentum. The team’s long-standing expertise in the gift and home décor sector proved to be invaluable to our process. This industry insight paired with their senior level dedication helped to create a great outcome for the Sullivans and Fort Point team.”

Brooke Ablon

Partner and co-founder, Fort Point Capital

Talk to the deal team

Craig M. Gibson

Managing Director

Boston, United States
Oaklins TM Capital

View profile Get in touch

Philip S. Krieger

Managing Director

Atlanta, United States
Oaklins TM Capital

View profile Get in touch

Peirce Sullivan

Associate Director

Boston, United States
Oaklins TM Capital

View profile Get in touch

Related deals

PBV Investment Holding Europe-America, S.L. (IDP Group) has been sold to Bureau Veritas

Private Equity | Construction & Engineering Services

PBV Investment Holding Europe-America, S.L. (IDP Group) has been sold to Bureau Veritas

Nazca Capital and the company founders have sold PBV Investment Holding Europe-America, S.L. (IDP Group) to Bureau Veritas. This strategic acquisition will allow Bureau Veritas to expand its leadership in building and infrastructure solutions and meet sustainability challenges through IDP’s digital portfolio assets.

Learn more

Peter Möhrle has sold GROFA Group to DARFON Electronics Corp.

Private Equity | Consumer & Retail

Peter Möhrle has sold GROFA Group to DARFON Electronics Corp.

Peter Möhrle Holding GmbH & Co. KG has successfully completed the sale of GROFA Group to DARFON Electronics Corp.

Learn more

Livonia Partners has sold 33.34% of Freor LT

Private Equity | Other Industries

Livonia Partners has sold 33.34% of Freor LT

Livonia Partners, a leading pan-Baltic private equity investment fund, has sold its 33.34% stake in Freor LT, a Lithuania-based commercial refrigeration manufacturer, to its majority shareholder.

Learn more