Consumer Retail

KKR’s $1.3bn Acquisition of XCL Education

By Freya Zhang, Akshi Bansal, Chak Li, Jacky Chan, Sharon Liu (HKUST) Photo: Priscilla Du Preez (Unsplash) Overview of the deal Acquirer: KKR & Co. (Kohlberg Kravis Roberts & Co.) Target: XCL Education Holdings Pte Implied Equity Value: Not publicly disclosed Total Transaction Size: ~$1.3 billion Closed date: Pending regulatory approvals and customary closing conditions (announced February 23, 2026) Target advisor: Not publicly disclosed Acquirer advisor: Not publicly discl

akshib27

3 days ago6 min read

Monomoy Capital Partners' $1.3bn Acquisition of Jiffy Lube

By Diana Usova, Oliver Cedar, Dylan Stiassny, and Obianuju Okafor (University of Bristol); Alvaro Aguilar De Nalda (ESADE); Chris Ruan, Autumn Casella, Zack Siegel, and Christian Labonte (University of California Los Angeles) Photo: Jack White (Unsplash) Overview of the deal Acquirer: Monomoy Capital Partners (via Fund V) Target: Jiffy Lube International, Inc. and Premium Velocity Auto LLC (acquired from Shell USA / Pennzoil Quaker State Co.) Implied Equity Value: ~$1.3 billi

akshib27

May 16 min read

Clorox's $2.25bn Acquisition of GOJO Industries

By Ifeakachuku Ifeneziuche, Vikram Kumar, Benjamin Carr and Nikhil Dewan, Palamdeep Virk (University of Warwick); Amin Ouamar, Gilles Michaud and Marc Bellon (HEC Paris) Photo: Clay Banks (Unsplash) Overview of the deal Acquirer: The Clorox Company (NYSE: CLX) Target: GOJO Industries Implied Equity Value: US$2.25 billion Total Transaction Size : US$2.25 billion, all-cash, including approximately US$330 million of anticipated tax benefits, resulting in a net purchase price

akshib27

Apr 106 min read

Advent and FedEx's $9.2 bn (€7.8bn) Acquisition of InPost

By Diana Usova, Dylan Stiassny, Oliver Cedar and Obianuju Okafor (University of Bristol); Alvaro Aguilar De Nalda (ESADE); Amya Hillis and Agastya Mittal (Columbia University) Photo: Annie Spratt (Unsplash) Overview of the deal Acquirer: Advent International (Consortium Co-Lead, alongside FedEx Corporation) Target: InPost Group Implied Equity Value: $9.2bn Total Transaction Size: $9.2bn (all-cash offer) Offer Price: $18 per share (~50% premium to undisturbed share price) An

akshib27

Mar 186 min read

Bain Capital’s $1.29bn Acquisition of FineToday Holdings

By Peyton Harvey, Dirk Harrison, Brandon Yip, Daniel Xu (Columbia University) Photo: Kelly Sikkema (Unsplash) Overview of the deal Acquirer: Bain Capital Target: FineToday Holdings Implied Equity Value: ~ $1.29 billion (¥200 billion) Total Transaction Size : ~ $1.29 billion (¥200 billion) Expected Close Date: Announced February 2, 2026 (Estimated closing mid-2026, pending regulatory approval) Target Advisor: CVC Capital Partners (Internal), Nomura and Goldman Sachs Ac

Álvaro Aguilar de Nalda

Mar 136 min read

PAI Partners' Acquistion of Innovad Group

By Alvaro Aguilar De Nalda and Giuseppe Leonardo Mazza (ESADE); Diana Usova and Oliver Cedar (Bristol University) Photo: Adi Goldstein (Unsplash) Overview of the deal Acquirer: PAI Partners Target: Innovad Group Implied Equity Value: N/A Total Transaction Size: N/A Closing Date: Expected 1Q-2026 Target Advisor: N/A Acquirer Advisor: N/A PAI Partners’ acquisition of Innovad Group represents a notable transaction in the global animal health and nutrition space, taking a

Álvaro Aguilar de Nalda

Feb 136 min read

TriArtisan Capital Advisors, Treville Capital Group and Yadav Enterprises' $620m Acquisition of Denny's

By Haci Eren Sidar, Mustafa Arda Sis, Muthu Ramanathan, Josh Lai (University of Nottingham); Alvaro Aguilar De Nalda (ESADE) Photo: Siyuan (Unsplash) Overview of the deal Acquirer: TriArtisan Capital Advisors, Treville Capital Group and Yadav Enterprise Target: Denny’s Implied Equity Value : US$321.8 billion Total Transaction Size: $620 million (cash consideration, Enterprise Value) Closing Date: Q1 2026 (expected) Target Advisor: Truist Securities (financial), Morgan,

Álvaro Aguilar de Nalda

Jan 198 min read

Kimberly-Clark's $48.7bn Acquisition of Kenvue

By Roman Annan, Sophie Zhang, Joey Zhang, and Amani Dhillon (Columbia University), Rasmus Sjögren, Nikolas Kakona, Alexander Henje Scott, and Haris Jasarevic (Stockholm School of Economics) Photo: Khuc Le Thanh Danh (Unsplash) Overview of the deal Acquirer : Kimberly-Clark Corporation Target : Kenvue Inc. Implied Equity Value : $40.32 B Total Transaction Size : $48.7 B Closed date : H2 2026 (Estimated, legal issues pending) Target advisor : Centerview Partners LLC & Goldman

amansp2006

Jan 125 min read

Heineken's $3.2bn Acquisition of FIFCO

By Haci Eren Sidar, Mustafa Arda Sis, Muthu Ramanathan, Josh Lai (University of Nottingham); Rasmus Sjögren, Alexander Henje, Haris Jasarevic, Nikolas Kakona (Stockholm School of Economics) Photo: Stella de Smit Overview of the deal Acquirer: Heineken N.V. Target: Florida Ice and Farm Company S.A. (FIFCO) – beverage, food and retail businesses (Distribuidora La Florida and related operations) Total Transaction Size: $3.2 billion (cash consideration, Enterprise Value) Close

amansp2006

Nov 20, 20256 min read