DFX Intelligence
Altacrest Capital and Big Blanket Co
Recapitalization deal· Springfield, MO
Specialty distribution, MO.
No date on record · this record
- Announced
- Jul 16, 2021
- 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
- Source Capital, LLC · Lender
Capital, role not stated
- CrossFirst Bank · Capital provider
The announcement
Altacrest Capital (“Altacrest”), a Dallas based private equity firm that invests in growing eCommerce brands, has recapitalized Big Blanket Co (“Big Blanket Co” or the “Company”; please see https://www.bigblanket.com/), a leading online seller of the biggest, best blankets in the world.
DFX analyst research (General-assisted, every claim URL-cited) altacrestcapital.comsfnet.com sfnet.comsource-cap.com source-cap.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 Capital
Seller and company counsel
- Husch Blackwell · Company counsel for Big Blanket Co
Sell-side advisor
- Capstone Partners · Sell-side advisor for Big Blanket CoCapstone Partners2021-07-28
Quality of earnings, accounting and tax
- Accounting advisor: named with Independent Sponsor Intelligence