Jan 10, 2024 · GoTab is raising up to $50 million in a Series B financing this summer, CEO Tim McLaughlin tells Axios exclusively. Driving the news: The startup will see its valuation double in this round, which is notable in a difficult fundraising environment. How it works: Arlington, Va.-based GoTab offers point-of-sale, kitchen display system, kiosk ... Inside the deal: The new investment totals $3.5 billion, at a valuation that works out to 17x pro forma EBITDA, according to a source briefed on the matter. Pro forma EBITDA through September incorporates the financial performance of Reebok, the sneaker company Authentic Brands acquired for $2.5 billion in August.Jan 8, 2024 · Jan 8, 2024. Illustration: Sarah Grillo/Axios. Wolverine Worldwide aims to conclude a sale process for its footwear brand Sperry by the end of Q1, its CFO Michael Stornant said. Why it matters: The footwear conglomerate has been undergoing a transformation over the past year, selling brands such as Keds, its leathers business and the ... Reporter at Axios, covering the financial activities of retail and CPG companies, including M&A, IPOs, PE, VC, activist investing, distressed situations and more. 1y.Apr 2, 2024. Illustration: Sarah Grillo/Axios. Ordergroove, which offers subscription solutions for retailers and brands, will be approaching profitability by this summer, CEO Greg Alvo tells Axios exclusively. Why it matters: The company plans to pursue an IPO and will evaluate where it stands at the end of 2024, he says.1y. 🚨 #BREAKING: Axios, my happy place, has agreed to sell to Cox Enterprises: — Cash deal values Axios at $525M — Cox will put new money into company to grow biz — …Apr 1, 2024 · Why it matters: The bridal industry is expected to pick up this year after the post-pandemic lull, Axios Pro: Retail's Richard Collings previously reported. What's happening: Laine London , a Black-owned bridal rental business in Chamblee, offers tailored gowns in a way that expands the wedding-gown shopping experience to be more inclusive ... Jan 18, 2024 · Why it matters: While Macy's had a strong third quarter relative to its past performance, the department store category remains deeply troubled, Axios' Richard Collings reports. Macy's reportedly received a $5.8 billion take-private offer from an investor group that includes Arkhouse Management and Brigade Capital Management last month. Join Axios Pro retail reporters for an exclusive live conversation on the emergence and future of live commerce, PE retail M&A activity and debt financing trends in the sector. Ask your questions live to Pro reporters and speakers. Participate in post-event networking with Richard Collings and Kimberly Chin.Richard Collings, author of . Axios Pro: Retail Deals. Jan 12, 2024. Share on facebook (opens in new window) ... Karls tells Axios, speaking from the conference's sidelines. He notes the Canadian government plays a role in helping startups based there, due to the difficulty they have in raising money.Amazon, which acquired Whole Foods in 2017 for $13.4 billion, is looking to dramatically expand the grocery wing of its commerce empire, Axios' Richard Collings and Kimberly Chin write. "We need a broader physical-store footprint, given that most of the grocery shopping still happens in physical venues," Amazon CEO Andy Jassy recently …Axios Pro: Retail Deals. June 21, 2023 Axios Pro Exclusive Content. Kimberly Chin, Richard Collings; 🐪 Happy Hump Day, Retail readers.Axios has hired reporter Richard Collings to cover retail. He will be covering mergers and acquisitions, initial public offerings, private equity and other situations related to retail. Collings previously was a retail reporter at Adweek. He also worked at LevFin Insights as a reporter for a year and at S&P Global Markets covering retail and consumer companies. […]Richard Collings’ Post Richard Collings Reporter at Axios, covering the financial activities of retailers, including M&A, IPOs, SPACs, PE, VC, activist investing, distressed situations and more.Jan 16, 2024. Shoshana Gordon/Axios. Fast-casual chain Just Salad is interviewing investment banks to start a sale process, a source close to its thinking tells Axios. Driving the news: Just Salad checks several boxes of an attractive investment profile: growth, profitability, and a focus on healthy food and sustainability.Unleashed Brands, a platform for experiential retail concepts that foster youth development, has agreed to acquire Sylvan Learning, a source familiar with the situation tells Axios. Why it matters: It is private equity-backed Unleashed Brands‘ sixth acquisition in three years. Catch up quick: Sylvan Learning, a provider of of …Find Richard Collings's email address, contact information, LinkedIn, Twitter, other social media and more. For PR Pros Overview; Media Database ... As seen in: AxiosFinally, sites such as Publons, RUBRIQ, Axios Review, and Peerage of ... Collings, Jennifer Raymond, and Cassidy R. ... Schroter, Sara, Nick Black, Stephen Evans, ...Richard Collings. 3d. Scoop: Unleashed Brands, a platform for experiential retail concepts that foster youth development, has agreed to acquire Sylvan Learning, Axios has …Distressed retail watchlist. Richard Collings. , author of. Axios Pro: Retail Deals. Dec 19, 2022. Illustration: Gabriella Turrisi/Axios. The most scrutinized retailers are rated either CCC+ (S&P and Fitch) or Caa1 (Moody's) and below. State of play: Moody's assigned Caa1 ratings to home goods retailers At Home and Bob's Discount Furniture ...Chord puts data at the core of its commerce platform. Richard Collings. , author of. Axios Pro: Retail Deals. May 30, 2023. Illustration: Rebecca Zisser/Axios. Chord has developed a commerce infrastructure platform-as-a-service (PaaS) for DTC brands too small to support large expensive tech teams, CEO Bryan Mahoney tells Axios.Axios has been hinting at plans to launch a premium subscription product since the very beginning. ... The Pro newsletters also feature advertising and a few personal touches, like retail reporter Richard Collings including a photo of a pregame ceremony for the Kansas City Chiefs his family participated in.May 7, 2024 · Richard Collings, Retail Reporter. Focuses on deal-related activity within the retail sector for Axios Pro. Formerly: Mergermarket, The Deal, S&P Global Market Intelligence, Fitch Solutions and Adweek Aug 8, 2022. Gilbert Carrasquillo/GC Images. Fabletics is hinging its next phase of growth on its Yitty clothing partnership, COO Meera Bhatia tells Axios. Why it matters: Yitty, a business venture with recording artist Lizzo, could well position Fabletics' for a public debut — which it was reportedly weighing last year.Mar 15, 2024 · Recess has hired Stifel Financial to raise $25 million, CEO Ben Witte tells Axios exclusively. Why it matters: The sparkling beverage maker intends to become the Red Bull of the relaxation category. By the numbers: Recess' sales were in the $10 million to $20 million range and expected to more than double last year, Witte said last August. Jan 18, 2024 · Photo: Paul Morigi/Getty Images for Birkenstock. Shares of Birkenstock fell about 8% at the market's open due to what the sandal maker characterized as a modest headwind to its adjusted EBITDA margin despite beating on revenue. Driving the news: Birkenstock's first earnings since its IPO are closely watched as its performance may reverberate ... Portland is among the markets most likely to be affected by the merger of Kroger and Albertsons. Why it matters: The companies are two of the country's largest food retailers, and their proposed merger during a time of food inflation has triggered scrutiny. Driving the news: Earlier this month, S&P Global Ratings said the number of stores the ...Bed Bath & Beyond's time is running out. Facing imminent bankruptcy, Bed Bath & Beyond has two last-gasp efforts ongoing. Driving the news: The beleaguered home goods purveyor is reported to be preparing to file for bankruptcy within days, according to the Wall Street Journal. Details: The two time-sensitive efforts include a plan to raise $300 ... Ask the newsroom: Kroger-Albertsons merger. Wednesday, February 7th, 2024. 12:30pm - 1:00pm ET. Richard Collings. Retail Reporter, Axios Pro. Kimberly Chin. Retail Reporter, Axios Pro. Join us for a virtual conversation and live Q&A with Axios Pro Retail Deals reporters to get the latest news surrounding the Kroger-Albertsons merger. David's Bridal announced early Monday morning it has filed for Chapter 11 protection in U.S. Bankruptcy Court in New Jersey, under which it will continue a sale process for the company.. Why it matters: …Southern California Edison is planning for electricity demand to rise by more than 80% by 2045, if 90% of vehicles and 95% of buildings go electric. The EV transition is charging ahead, despite hurdles, according to policy makers, company execs and investors at the BloombergNEF summit in San Francisco yesterday, writes Katie.Richard Barile was George Jung’s California connection; Jung used Barile in his cocaine smuggling operation with Carlos Lehder and the Colombian cartel. The plan was to smuggle coc...Nov 21, 2023. Illustration: Sarah Grillo/Axios. McDonald's paid $1.8 billion for Carlyle's minority stake in a group that operates the chain's business in mainland China, Hong Kong and Macau, per a source familiar with the deal. Why it matters: The deal comes as many PE and VC firms are pulling away from China, in part due to fears that they ...3046, 8 5 75, Axios, Maria, 34 Gilarth Street, Highett ... Epifaniou, Epifamos, 20 Collings Street, West ... 32 Richard Street, Lalor 3075, 23 6 75, Paloyannidis,Jun 22, 2022. Data: Refinitiv; Chart: Kavya Beheraj/Axios. As investors wring their hands over the possibility of an economic downturn, retail M&A is surprisingly robust — even surpassing last year's total at this point. There's been about $29 billion in deal value transacted as we near 2022's halfway marker, according to data provided by ...Aug 8, 2022. Gilbert Carrasquillo/GC Images. Fabletics is hinging its next phase of growth on its Yitty clothing partnership, COO Meera Bhatia tells Axios. Why it matters: Yitty, a business venture with recording artist Lizzo, could well position Fabletics' for a public debut — which it was reportedly weighing last year.Join Axios Pro for two critical conversations on the media and retail industries. First, Retail Deals reporter Richard Collings will sit down with AB InBev's Global Chief Marketing Officer Marcel Marcondes to explore how marketing can have a measurable impact, and when it's smart for brands to cut back on ad spending. Then, …Apr 24, 2024 · State of play: The Cincinnati-based chain has held the top spot for several years now. Kroger had a 40.6% market share in 2021, which slipped to 38.9% in 2022. Its market share rose to 42.9% last year, more than double the second-place competitor, Walmart. 👀 Eye-popping stats: That amounts to nearly $3.5 billion in sales at 58 area Kroger ... Fat Brands, the parent of Fat Burger and Johnny Rockets, said it confidentially filed the registration statement for Twin Peaks and Smokey Bones.. Why it matters: The operating unit would become a standalone public company allowing Fat Brands to raise funds. Zoom in: Axios previously reported that the company planned to spin off Twin …Axios Pro Exclusive Content. Richard Collings, Kimberly Chin; 🐪 Happy Hump Day, Retail Readers! Situational awareness: Since June last year, federal officials have seized nearly $1 billion in goods suspected of having ties to forced labor under the Uyghur Forced Labor Prevention Act, CNBC reports.Collings, Richard (March 28, 2023). "Tory Burch Foundation unveils finance tool for women founders". Axios. Retrieved December 24, 2023. [62] · "Announcing&nb...Richard Collings, author of . Axios Pro: Retail Deals. Share on facebook (opens in new window) Share on twitter (opens in new window) ... Kenneth Rosen, partner at Lowenstein Sandler, tells Axios. By the numbers: Private equity activity in consumer retail totaled about $13.7 billion during the first three quarters of 2021, ...Manscaped, a men's grooming brand, and SPAC Bright Lights Acquisition Corp. mutually agreed to terminate their planned merger. Why it matters: While SPACs remain more active than IPOs, deal cancellations continue to mount. State of play: More than 40 SPACs have been terminated since the beginning of the year, Bloomberg r …Consumer products company Monolith secured $230 million in financing for acquisitions, including its 12th acquisition that closed Tuesday night, co-CEO Jonathan Shifke tells Axios.. Why it's the BFD: Buyers that can line up the financing will be shopping as discounted valuations and consumer brands facing rising customer acquisition costs …Jan 17, 2024. Illustration: Aïda Amer/Axios. Hotworx, formerly Planet Beach Franchising, is working with investment bank Houlihan Lokey as it weighs a capital raise, its CEO Stephen Smith tells Axios exclusively. Why it matters: Asset-light franchise models have become increasingly popular through the pandemic because they boost profit margins ...Bobo's, the Loveland, Colo.-based company known for its oat bars, is still preparing for a sale, potentially later this year, CEO T.J. McIntyre tells Axios exclusively.. Why it matters: It is a widely watched middle market transaction in the making that even the bulge bracket investment banks are courting.6 West Collings Drive. 0105_303_5, Avi Financial ... Axios & Sons LLC, 1328 Harding Highway. 0105_4532_1, Axios ... Ferrer, Richard @ Ferrer, Richard Jr, Monroe ...Story by Richard Collings • 6d. L uxury retailer Saks and its owner, HBC, are closer to inking a deal to acquire rival Neiman Marcus for $3 billion, Axios has confirmed.The big picture: "While we have a consumer business that’s $434B in 2022, the vast majority of total market segment share in global retail still resides in physical stores (roughly 80%)," he said. The bottom line: "Grocery is a big growth opportunity for Amazon," Jassy said. Go deeper: For additional insights from the letter, including ...🎙️ Tomorrow: Our Axios Pro colleagues Richard Collings and Kimberly Chin are hosting a live conversation on the Kroger-Albertsons merger. Reserve your spot! Tuesday trivia: Is California's solar market predicted to rise or fall this year? The answer to last week's question: GM began selling its EV1 in 1996. That's a 28-year (and still ...Dec 6, 2023 · Dec 6, 2023. Illustration: Tiffany Herring/Axios. Liberation Labs, a New York City-based provider of precision fermentation, expects to pull in about $50 million for its Series A set to close in Q1, CEO Mark Warner tells Axios exclusively. Driving the news: The USDA recently awarded Ameris Bank a $25 million loan guarantee to finance Liberation ... Scoop: FTC unlikely to weigh in on Kroger-Albertsons before February. The Federal Trade Commission isn't likely to decide until February on whether to challenge Kroger's proposed $25 billion tie-up with Albertsons, a source close to the FTC's thinking says. Why it matters: It looks like the grocery mega-merger is on hold for at least a while ...^ Jump up to: Collings, Anthony (2010). ... ^ Dryzek, John S.; Norgaard, Richard B.; Schlosberg, David (October 24, 2013). ... Axios. Retrieved October 28, 2017. ^ ...Richard Collings, author of . Axios Pro: Retail Deals. Jan 31, 2024. Share on facebook (opens in new window) ... Illustration: Sarah Grillo/Axios. Exit Content Preview. Above Food is in the process of raising $35 million to fund working capital and inventory, president Martin Williams said at the ICR Conference held in Orlando. Why it …BBBY listed total assets of $4.4 billion and total debt of $5.2 billion as of last November, per court documents. BNY Mellon, which is the trustee for three tranches of nearly $1.2 billion in unsecured bonds, is listed as the top unsecured creditor. Assets include the company's intellectual property, such as brand names Bed Bath & Beyond ...Richard Collings. Focuses on deal-related activity within the retail sector for Axios Pro. Formerly: Mergermarket, The Deal, S&P Global Market Intelligence, Fitch Solutions and Adweek. [email protected] 29, 2024. Illustration: Sarah Grillo/Axios. The Federal Trade Commission showed its commitment to evolving the law on mergers when it came out against Tapestry's acquisition of Capri Holdings, experts tell Axios. Why it matters: Changing how the courts think about antitrust is a yearslong process and involves taking on harder-to-argue cases.CPG portfolio pruning points to active middle market. Richard Collings. , author of. Axios Pro: Retail Deals. Feb 27, 2023. Photo: Daniel Acker/Bloomberg via Getty Images. Consumer packaged goods conglomerates continued to present at CAGNY on their respective M&A strategies through Friday last week, outlining plans for both acquisitions and ...Aug 8, 2022 · Aug 8, 2022. Gilbert Carrasquillo/GC Images. Fabletics is hinging its next phase of growth on its Yitty clothing partnership, COO Meera Bhatia tells Axios. Why it matters: Yitty, a business venture with recording artist Lizzo, could well position Fabletics' for a public debut — which it was reportedly weighing last year. News worthy of your time. Download the app. About. About Axios; Advertise with us; Careers; Events; Axios on HBOAmazon, which acquired Whole Foods in 2017 for $13.4 billion, is looking to dramatically expand the grocery wing of its commerce empire, Axios' Richard Collings and Kimberly Chin write. "We need a broader physical-store footprint, given that most of the grocery shopping still happens in physical venues," Amazon CEO Andy Jassy recently wrote in ...Richard Collings works as a Retail Reporter at AXIOS, which is a Media & Internet company with an estimated 500 employees; and founded in 1988. They are part of the Store Operations team within the Operations Department Richard used to work at LevFin Insights and S&P Global and have used the following emails: @axios.com, @adweek.com ...Portland is among the markets most likely to be affected by the merger of Kroger and Albertsons, Axios' Richard Collings and Erin Davis write. Why it matters: The companies are two of the country ...Apr 18, 2024 · The Diriyah project, a $63.2 billion real estate development near Riyadh, is pursuing investment from outside Saudi Arabia, Diriyah Company president Mohamed Saad tells Axios exclusively. Why it matters: The company is already in talks with North American retailers like Saks parent HBC to help develop Diriyah Square, the retail portion of the ... Richard Collings. Reporter at Axios, covering the financial activities of retail and CPG companies, including M&A, IPOs, PE, VC, activist investing, distressed situations and more. 1mo. Macy's ...Illustration: Tiffany Herring/Axios. Sandwich shop giant Subway on Thursday said that it's agreed to be acquired by Atlanta-based private equity firm Roark Capital Partners, ending a months-long sales process. Why it matters: This makes Roark one of the world's largest restaurant owners, as it also controls Buffalo Wild Wings, …1. Traub Capital takes Sabatino stake. Traub Capital Partners is taking a significant stake in truffle specialist Sabatino Tartufi, Traub co-managing partner Mortimer Singer told Richard exclusively Wednesday. Why it matters: With the investment, the New York-based PE firm has nearly deployed all the capital raised for its first fund and now ...Jul 1, 2022 ... “Toys R Us creditors' lawsuit proceeds,” Richard Collings, June 29, 2022. https://www.axios.com/pro/retail-deals/2022/06/29/toys-r-us ...1 big thing: M&A dominates ICR chatter. Illustration: Sarah Grillo/Axios. Day 1 of the ICR Conference 2023 in Orlando included holiday sales presentations and breakouts aplenty, but M&A chatter dominated, Richard writes. Why it matters: With the IPO market effectively closed, retail M&A activity will be key to the deal-making universe …Axios Pro Exclusive Content Arko fuels up for more acquisitions. Richard Collings, author of . Axios Pro: Retail Deals. Mar 6, 2023.Richard Collings, author of . Axios Pro: Retail Deals. Feb 26, 2024. Share on facebook (opens in new window) ... Illustration: Shoshana Gordon/Axios. Exit Content Preview. Komo Technologies, a web platform for creating gamified content, is in the midst of raising a seed round, CEO Joel Steel tells Axios exclusively.Illustration: Sarah Grillo/Axios. Ampla raised $258 million from Goldman Sachs and Atalaya Capital Management to provide consumer brands with lines of credit, CEO Anthony Santomo tells Axios. Why it matters: Startups have faced one of the most difficult fundraising environments in a decade and traditional banks have cut back on providing loans.Aug 24, 2023 · Aug 24, 2023. Illustration: Brendan Lynch/Axios. Shein and Sparc Group struck a strategic partnership, with Shein acquiring a one-third interest in the retail operator and Sparc becoming a minority shareholder in Shein. Why it matters: The deal brings together two of the most important players in retail. Details: Shein will offer what it calls ... Join Axios Pro retail reporters for an exclusive live conversation on the emergence and future of live commerce, PE retail M&A activity and debt financing trends in the sector. Ask your questions live to Pro reporters and speakers. Participate in post-event networking with Richard Collings and Kimberly Chin.Kroger and Albertsons beef up divestiture deal to take on FTC. Kroger and Albertsons have increased the number of store locations they are selling to C&S Wholesale under an amended divestiture package. Why it matters: The two grocers will sell 579 stores as they bolster the defense of their deal ahead of facing the FTC in court in August.Nov 7, 2023. Illustration: Aïda Amer/Axios. Retail tech startup Particl launched AI Copilot, a new product that helps customers identify both new and mispriced products, CEO Josh Wilson tells Axios. Why it matters: Retailers need sophisticated software to help them manage supply chains efficiently. How it works: The South Jordan, Utah-based ...Apr 18, 2024 · The Diriyah project, a $63.2 billion real estate development near Riyadh, is pursuing investment from outside Saudi Arabia, Diriyah Company president Mohamed Saad tells Axios exclusively. Why it matters: The company is already in talks with North American retailers like Saks parent HBC to help develop Diriyah Square, the retail portion of the ... In the Crusades, Richard the Lionheart was important because he helped the crusaders take possession of Joppa due to his victory at Arsuf and came close to taking possession of Jer...Driving the news: Coca-Cola was recently reported by Bloomberg to be preparing its African operations for an IPO as early as next year at an $8 billion valuation. Yes, but: A sale is also on the table, with timing yet to be determined, says the source close to the company. An IPO of the African bottling business will be difficult to pull off ... Story by Richard Collings • 6d. L uxury retailer Saks and its owner, HBC, are closer to inking a deal to acquire rival Neiman Marcus for $3 billion, Axios has confirmed. Scoop: FTC unlikely to weigh in on Kroger-Albertsons before February. The Federal Trade Commission isn't likely to decide until February on whether to challenge Kroger's proposed $25 billion tie-up with Albertsons, a source close to the FTC's thinking says. Why it matters: It looks like the grocery mega-merger is on hold for at least a while ...Jan 29, 2024 · By the numbers: PitchBook reports the number of fintech exits declined 22.2%, to 185, in 2023, while VC exit value fell 76.1%, to $5.9 billion, during the year. Exit value in the sector fell to its lowest level since 2016, and the number of deals completed is at its lowest count since 2020. Fintech M&A activity declined for the second straight ... Are you a baking enthusiast looking for a reliable bread maker to create delicious homemade loaves? Look no further than the Morphy Richards Fastbake Manual. This versatile bread m...Zoom in: Axios previously reported that the company planned to spin off Twin Peaks and Smokey Bones as a publicly traded company to raise funds to reduce debt. It is one of several restaurant-deals in an active M&A category. Catch up quick: Fat Brands needs funds to repay a $47 million loan that is alleged to have been fraudulently extracted.Saks' rejected bid for Neiman Marcus consisted of a $2.1 billion cash component, with up to $1 billion in subordinated debt financing, a source close to the deal tells Axios.. Why it matters: Neiman wants a cleaner, mostly cash deal and the two parties remain on opposite sides of the deal table, sources tell Axios. Zoom in: HBC-owned …By Richard Collings. October 25, 2021. Even countries are moving to eliminate animal products, beginning with a complete ban in Israel and the U.K. weighing similar legislation.
Axios Pro: Retail Deals. July 26, 2022 Axios Pro Exclusive Content. Richard Collings; Good morning, Retail readers! Situational awareness: Shopify is laying off around 1,000 workers, or 10% of its global workforce, according to an internal memo — a dark cloud for big bets made on e-commerce during the pandemic.. Prattville al obits
Inside the deal: The new investment totals $3.5 billion, at a valuation that works out to 17x pro forma EBITDA, according to a source briefed on the matter. Pro forma EBITDA through September incorporates the financial performance of Reebok, the sneaker company Authentic Brands acquired for $2.5 billion in August.Details: "The plan is to go public in a couple of years at a $10 billion to $15 billion market cap," Glaser says. The Berkeley, Calif.-based company, which has raised about $100 million, will raise additional funding ahead of a listing, he notes, declining to provide further details. How it works: Grabango uses computer vision to track a store ...Feb 20, 2024. Photo: Gary Hershorn/Getty Images. Macy's activist investor Arkhouse Management has nominated nine candidates to the retailer's board of directors, Macy's announced Monday morning. Why it matters: After the department store chain rejected the activist investor's $5.8 billion offer, Arkhouse weighed going directly to shareholders.Mar 14, 2023 ... Axios. Fetch scales backBy Richard Collings. The Business Journals. Madison tech firm Fetch cuts 100 employees, including 16 in WisconsinBy ...Jan 29, 2024. Illustration: Gabriella Turrisi/Axios. Distress in DTC is presenting opportunities for investors with the stomach for risk. Driving the news: Firms such as BlackRock and Oaktree are raising structured equity funds that may be better described as distressed venture funds, says David Spreng, CEO of Runway Growth Capital.Nov 21, 2023. Illustration: Sarah Grillo/Axios. McDonald's paid $1.8 billion for Carlyle's minority stake in a group that operates the chain's business in mainland China, Hong Kong and Macau, per a source familiar with the deal. Why it matters: The deal comes as many PE and VC firms are pulling away from China, in part due to fears that they ...Following Bolthouse Farms' split into two companies, the CPG business Generous Brands plans to make bolt-on acquisitions, its chairman, Jeffrey Dunn, tells Axios. Why it matters: On the consumer side, there is a roll-up opportunity with several beverage companies likely to come to market over the next two years.Mar 6, 2023 ... 1135 Boyd Street Seller: Boyd Street, LLC, 537 Live Oak Lane, Weston, FL Buyer: John Collings, 537 Live Oak Lane, Weston, FL Property: built ...Mar 31, 2022. Illustration: Aïda Amer/Axios. Collectors Holdings, which authenticates and manages collectibles for hobbyists and investors, raised $100 million in funding at a $4.3 billion valuation, Richard writes. The round comes about a year after the company, at the time named Collectors Universe, was acquired by an investor group led by ...Jan 10, 2024 · GoTab is raising up to $50 million in a Series B financing this summer, CEO Tim McLaughlin tells Axios exclusively. Driving the news: The startup will see its valuation double in this round, which is notable in a difficult fundraising environment. How it works: Arlington, Va.-based GoTab offers point-of-sale, kitchen display system, kiosk ... Macy's activist investor Arkhouse Management has nominated nine candidates to the retailer's board of directors, Macy's announced Monday morning.. Why it matters: After the department store chain rejected the activist investor's $5.8 billion offer, Arkhouse weighed going directly to shareholders. Details: The director nominations …1. Traub Capital takes Sabatino stake. Traub Capital Partners is taking a significant stake in truffle specialist Sabatino Tartufi, Traub co-managing partner Mortimer Singer told Richard exclusively Wednesday. Why it matters: With the investment, the New York-based PE firm has nearly deployed all the capital raised for its first fund and now ...Patagonia's new shareholder is the Earth. Richard Collings. , author of. Axios Pro: Retail Deals. Sep 15, 2022. Robert Alexander/Getty Image. Patagonia 's founder Yvon Chouinard announced plans to transfer ownership of the outdoor clothing retailer to the Patagonia Purpose Trust and the Holdfast Collective. Why it's the BFD: It doesn't …Aug 8, 2022. Gilbert Carrasquillo/GC Images. Fabletics is hinging its next phase of growth on its Yitty clothing partnership, COO Meera Bhatia tells Axios. Why it matters: Yitty, a business venture with recording artist Lizzo, could well position Fabletics' for a public debut — which it was reportedly weighing last year..