Click here for printer friendly page
Golden Acquisition, new PE firm, launches26/06/2007. Source: AltAssets. 
 A partnership of retail industry and asset management specialists has announced the formation of Golden Acquisition, a private equity firm that will focus on retail and consumer brands. Golden Acquisition, which was formed by the principals of Hudson Capital Partners, will operate separately from Hudson Capital’s asset disposition business.
‘The genesis of Golden Acquisition draws upon the unparalleled retail industry knowledge and expertise of our team,’ stated James Schaye, managing partner of Golden Acquisition. ‘We see numerous compelling opportunities to acquire and further develop great retail brands, enhancing their performance and building value through investments in growth and active management of their businesses.’
Golden Acquisition is a co-investor in the recent purchase of Norwood, MA-based Domain Home, a 26-store chain of furniture and home fashions founded in 1985. A partnership consisting of Golden Acquisition and Synergy Enterprises teamed up to acquire an 85 per cent interest in Domain from Aga Foodservice Group.
‘With the Domain transaction, Golden Acquisition’s buy and build investment strategy is off to a very strong start. This transaction is a perfect example of how we plan to use our retail industry expertise, capital resources, management skills and an eye for innovative deal structures to identify and add value to attractive retail brands,’ Schaye noted.
Copyright © 2007 AltAssets
|
