Friday 14 February 2020

14 February 2020 - Washington-based private equity investment firm ACON Investments, L.L.C. and its affiliates are leading the acquisition and recapitalisation of Tennessee-based discount retailer Bargain Holdings, L.L.C., the company said.
Terms of the transaction were not disclosed.
Bargain Hunt said the transaction strengthens its balance sheet, facilitates its growth plan and allows it to invest in great merchandise, technology and other important aspects of the business.
Bargain Hunt is an extreme value retail chain that offers quality name-brand merchandise at a 30-90% discount from the nation's largest retailers and manufacturers.
ACON Investments, L.L.C. manages private equity funds and special purpose partnerships that make investments in the United States, Latin America and Europe.