DFX Intelligence
Altacrest Capital and BIG Dot of Happiness, LLC
Platform acquisition deal· Menomonie, WI
WI.
No date on record · this record
- Announced
- Sep 30, 2020
- Firms on the deal team
- 4
- Capital providers
- 3
No date on record · this record
1 additional firm on the deal team
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Independent sponsor
No principal is named in the announcement.
Equity partners
- Venturi Private Wealth · Equity provider
Debt
- Route 2 Capital Partners · Lender
Capital, role not stated
- CrossFirst Bank · Capital provider
The announcement
Altacrest Capital LLC (“Altacrest”), a Dallas-based private equity firm that invests in growing eCommerce brands, has acquired a controlling interest in Big Dot of Happiness (“Big Dot”; please see https://www.bigdotofhappiness.com/), a leading online seller of designer party supplies and lifestyle collections.
DFX analyst research (General-assisted, every claim URL-cited) altacrestcapital.comroute2capital.com route2capital.comsfnet.com sfnet.com
Deal teamHow a firm is placed on a dealA firm is on this deal when the announcement, a filing, or the firm's own deal page names it in the role. Medium confidence (a biography naming the deal, or a side read from the sentence) is labelled; anything weaker is not shown.
Sponsor and buyer counsel
- McGuireWoods LLP · Sponsor counsel for Altacrest CapitalMedium confidencesfnet.comInferred
Seller and company counsel
- Best & Flanagan · Seller counsel for BIG Dot of Happiness, LLCAltacrest CapitalInferred
Buy-side and financial advisors
- Vermillion Capital · Financial advisor (side not stated)Medium confidencealtacrestcapital.comInferred
Quality of earnings, accounting and tax
- Accounting advisor: named with Independent Sponsor Intelligence