Merino Private Equity has acquired Tobar Group, the parent of toy and gift retailer Hawkin’s Bazaar, from previous backers Primary Capital.
Centerbridge Partners, which invested in the company in 2013, retains a minority stake
Company will use the proceeds to commercialise its flagship product across the US
SFO specialises in the takeover and further development of mechanical and plant engineering companies
Apax Digital Fund closed on $1bn in December 2017 and was deployed 23% in December 2019