Bain Capital Private Equity is nearing a deal to buy cheerleading uniform and equipment retailer Varsity Brands for $2.5 billion, CNBC reported on Tuesday, citing sources familiar with the matter.
Varsity Brands, which even organizes cheerleading competitions in the United States, was bought by Charlesbank Capital Partners-led investment group in 2014 for about $1.5 billion, according to the report.
Source: https://www.pehub.com/2018/06/bain-capital-nears-deal-to-buy-varsity-brands-for-2-5-billion-cnbc/
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