BlueGem Capital Partners has acquired Light & Living
May 2019 — BlueGem Capital Partners has acquired Light & Living LLC from Mentha Capital.
BlueGem Capital Partners is a London-based private equity firm founded in 2007. The firm invests in mid-market companies located in Western Europe and focuses on retail and branded consumer goods, distribution and business services. It takes both majority and minority stakes and has a flexible approach in terms of deal structure to accommodate the requirements of entrepreneurs, families and co-investors.
“We are thrilled to be able to partner with Robin and his teams in Light & Living’s new phase of growth. We see numerous opportunities to gain market share in existing and new geographies and also to expand into new product categories, either organically or through acquisitions,” said Mathieu Develay, Investment Director at BlueGem Capital Partners.
Founded more than 40 years ago, Light & Living is a leading brand in affordable decorative lighting and home decor accessories. The company exports to 80 countries worldwide and has offices in the Netherlands, Norway and China. Its agile product development process and supply chain ensure that customers benefit from products which are always on trend, of good quality and at affordable prices, delivered in a record time.
Mentha Capital is an independent private equity firm active in the lower end of the mid-market in the Netherlands and Flanders, investing in established, mid-sized and profitable companies with clear opportunities for growth along multiple avenues, such as organic growth, expansion in new markets or a buy-and-build approach.
Our role in the transaction
Oaklins' teams in Belgium and the Netherlands advised BlueGem Capital Partners on the valuation, exit and benchmark analysis, market intelligence and bid tactics.
Talk to the deal team
Tom Van de Meirssche
Oaklins KBC Securities
Related deals
Cibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn moreNextalia has acquired a majority stake in Witapp
Nextalia SGR S.p.A. has acquired a majority stake in Witapp S.r.l., an Italian company specializing in software development for the digitization of healthcare infrastructure. The acquisition strengthens Nextalia’s track record in technology companies serving the public sector and supports its strategy of investing in businesses operating at the intersection of healthcare digitization and the modernization of public services.
Learn more