US investment firm Clearlake Capital Group, L.P. has agreed to acquire Dallas-based speciality hardware and home accessories provider TKE Holdings, Inc., d/b/a Dimora Brands, from affiliates of The Jordan company, the company said.
Financial terms of the transaction were not disclosed.
Clearlake's experience in building products distribution and operational insights is expected to advance the company into its next chapter.
The company was advised by Baird, and Clearlake was advised by Deutsche Bank.
Dimora Brands is a manufacturer and seller of high-end hardware and home accessories, created by the merger of Top Knobs and Hardware Resources.
Clearlake Capital Group, L.P. operates integrated businesses across private equity, credit, and other related strategies. The firm's core target sectors are industrials, consumer and technology.
Fintech Acquires Beverage Industry Data Management and Analytic Provider Aperity
MultiPlan to Acquire Discovery Health Partners for USD 155m
DNA Payments Acquires Active Merchant Services to Expand in UK/EU Core Markets
Pennybacker Capital Partners with M2G to Purchase Tuesday Morning Industrial Space
Dexter Axle Acquires Trailer Axles Supplier Redneck and Redline Products
Rising Phoenix Royalties Acquires 15 PDP Wells in DJ Basin
Falfurrias Capital Acquires Corsis to Boost Data-Enabled Due Diligence Services
Dominion Energy Acquires 150mw Solar Energy Project in Ohio from Invenergy
FleetPride Acquires L and N Truck Service to Expand Services in Southeastern US
CareXM Acquires TouchPointCare to Enhance Care Management Services
Hilb Group Acquires Owen Moore Insurance
Simpli.fi Acquires Advantage Software to Enhance Advertising Services
United Wholesale Mortgage Combines with SPAC Gores Holdings IV