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The first installment of our new predictive index shows that dealmakers expect overall M&A to increase, with health care outperforming the overall market READ MORE 

SLIDESHOW

ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Roundtable

Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

Today's Transactions:
Clearlake Picks Up Online Retailer Swiss Watch

Swiss Watch International sells Swiss Legend, Lucien Piccard, Invicta, Elini and Kenneth Jay Lane watches, among other brands

Private equity firm Clearlake Capital Group LP acquired Swiss Watch International Inc., an online watch retailer, for an undisclosed amount.

Swiss Watch, headquartered, despite its name, in Hollywood, Fla., also sells accessories and apparel online. The company’s websites include worldofwatches.com, ewatches.com, thewatchery.com and smartbargains.com. The sites sell Swiss Legend, Lucien Piccard, Invicta, Elini and Kenneth Jay Lane watches, among other brands.

GSO Capital Partners and PNC Bank provided debt financing for the deal. Blackstone Advisory Partners served as Swiss Watch’s financial adviser, and Moelis & Co. served as Clarklake’s financial adviser.

Clearlake, headquartered in Los Angeles, has invested in Jacuzzi, Mformation and Platinum Energy Solutions.

 

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