Advantage Solutions announces sale of foodservice businesses to Prospect Hill Growth Partners

By on    Food Industry News  

Advantage Solutions announces sale of foodservice businesses to Prospect Hill Growth Partners

In a strategic move to streamline its operations and reinforce its focus on core retail services, Advantage Solutions revealed on Wednesday its decision to sell its collection of foodservice businesses, including the prominent Waypoint, to Prospect Hill Growth Partners L.P. The transaction signifies a pivotal shift for the leading provider of sales and marketing services […]

Blackstone buys stake in e-commerce furniture company Walker Edison

By on    Retail Industry News  

Blackstone buys stake in e-commerce furniture company Walker Edison

Walker Edison, an American e-commerce furniture company, has secured a significant minority investment from funds managed by Blackstone Tactical Opportunities, the opportunistic investment platform of Blackstone. The terms of the deal were not disclosed. Brad Bonham and Matt Davis – the founders of Walker Edison and the company’s controlling investor – Prospect Hill Growth Partners […]