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'''Regent, L.P.''' is a multi-sector [[private equity]] firm based in [[Beverly Hills, California]].<ref>{{cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=244090512|title=Regent Equity Partners, LLC: Private Company Information - Businessweek|work=bloomberg.com|accessdate=19 April 2016}}</ref> Many of Regent's investments have been in the software, technology, consumer products, retail and media space.
'''Regent, L.P.''' is a multi-sector [[private equity]] firm based in [[Beverly Hills, California]].<ref>{{cite web| url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=244090512| title=Regent Equity Partners, LLC: Private Company Information | publisher=[[Bloomberg L.P.]]}}</ref> Many of Regent's investments have been in the software, technology, consumer products, retail and media space.


== Selected investments ==
==Selected investments==
Regent's first acquisition was in 2013, when the firm acquired the Rovi Entertainment Store over-the-top video platform from [[Rovi Corporation]] with an Austin, Texas-based investor.<ref>{{cite web|url=https://variety.com/2013/biz/news/target-ticket-launches-new-digital-video-service-1200617389/|title=Target Ticket: Complications Launch Target’s Digital Video Service? - Variety|author=Todd Spangler|work=Variety|accessdate=19 April 2016}}</ref> The firm later purchased the [[CinemaNow]] video business from [[Best Buy]]. Regent and its partners sold these businesses to [[FilmOn]] in 2015.<ref>{{cite web|url=https://variety.com/2016/digital/news/filmon-buys-cinemanow-1201689797/|title=FilmOn Buys CinemaNow Movie, TV Download Service - Variety|author=Todd Spangler|work=Variety|accessdate=19 April 2016}}</ref><ref>{{cite web|url=http://www.digitaltveurope.net/490092/filmon-buys-movie-and-tv-store-cinemanow/|title=FilmOn buys movie and TV store CinemaNow|work=digitaltveurope.net|accessdate=19 April 2016}}</ref><ref>{{cite web|url=http://www.multichannel.com/news/content/filmon-reels-cinemanow/396889|title=FilmOn Reels in CinemaNow|work=multichannel.com|accessdate=19 April 2016}}</ref>
Regent's first acquisition was in 2013, when the firm acquired the Rovi Entertainment Store over-the-top video platform from [[Rovi Corporation]] with an Austin, Texas-based investor.<ref>{{cite news | url=https://variety.com/2013/biz/news/target-ticket-launches-new-digital-video-service-1200617389/ |title=Target Ticket: Complications Launch Target’s Digital Video Service? | first=Todd |last=Spangler | work=[[Variety (magazine)|Variety]]| date=September 19, 2013}}</ref> The firm later purchased the [[CinemaNow]] video business from [[Best Buy]]. Regent and its partners sold these businesses to [[FilmOn]] in 2015.<ref>{{cite web|url=https://variety.com/2016/digital/news/filmon-buys-cinemanow-1201689797/|title=FilmOn Buys CinemaNow Movie, TV Download Service - Variety|author=Todd Spangler|work=Variety|accessdate=19 April 2016}}</ref><ref>{{cite web|url=http://www.digitaltveurope.net/490092/filmon-buys-movie-and-tv-store-cinemanow/|title=FilmOn buys movie and TV store CinemaNow|work=digitaltveurope.net|accessdate=19 April 2016}}</ref><ref>{{cite web|url=http://www.multichannel.com/news/content/filmon-reels-cinemanow/396889| title=FilmOn Reels in CinemaNow|work=multichannel.com |accessdate=19 April 2016}}</ref>


In September 2013, the firm's partners acquired control of Skinit, a San Diego-based e-commerce company from private equity firm [[Ares Management]]. Regent acquired Halco Rock Tools from [[Caterpillar Inc.]] in September 2014. The firm acquired travel technology provider Pegasus Solutions in October 2014 in a transaction that included divesting the Pegasus distribution services business to [[HIG Capital]].<ref>{{cite web|url=https://skift.com/2014/10/22/pegasus-solutions-spins-off-reservations-business-to-regent-equity-partners/|title=Exclusive: Pegasus Solutions Spins Off Reservations Business to Regent Equity Partners|work=Skift|accessdate=19 April 2016}}</ref><ref>{{cite web|url=https://www.pehub.com/2014/11/h-i-g-buys-pegasus-distribution-services-unit/|title=H.I.G. buys Pegasus' Distribution Services unit - PE HUB|work=PE HUB|accessdate=19 April 2016}}</ref><ref>{{cite web|url=http://www.hotelnewsresource.com/article80917.html|title=Pegasus Names Scott Gibson Chief Executive Officer|author=Hotel News Resource|date=21 November 2014|work=hotelnewsresource.com|accessdate=19 April 2016}}</ref><ref>{{cite web|url=https://www.tnooz.com/article/pegasus/|title=Pegasus switches to new private equity ownership|work=Tnooz|accessdate=19 April 2016}}</ref> Regent acquired [[Silicon Valley]] technology company [[NexTag]] in March 2015 from a consortium of investors led by [[Deutsche Bank]].
In September 2013, the firm's partners acquired control of Skinit, a San Diego-based e-commerce company from private equity firm [[Ares Management]]. Regent acquired Halco Rock Tools from [[Caterpillar Inc.]] in September 2014. The firm acquired travel technology provider Pegasus Solutions in October 2014 in a transaction that included divesting the Pegasus distribution services business to [[HIG Capital]].<ref>{{cite news | url=https://skift.com/2014/10/22/pegasus-solutions-spins-off-reservations-business-to-regent-equity-partners/ | title=Exclusive: Pegasus Solutions Spins Off Reservations Business to Regent Equity Partners |work=[[Skift]]| date=October 22, 2014}}</ref><ref>{{cite news | url=https://www.pehub.com/h-i-g-buys-pegasus-distribution-services-unit/ |title=H.I.G. buys Pegasus' Distribution Services unit | work=PE HUB|first=Luisa | last=Beltran |date=November 14, 2014}}</ref><ref>{{cite news |url=https://www.hotelnewsresource.com/article80917.html |title=Pegasus Names Scott Gibson Chief Executive Officer| work=Hotel News Resource | date=21 November 2014}}</ref><ref>{{cite news | url=https://www.phocuswire.com/Pegasus-switches-to-new-private-equity-ownership | title=Pegasus switches to new private equity ownership | first=Linda | last=Fox | work=[[Phocuswire]] | date=November 14, 2014}}</ref> Regent acquired [[Silicon Valley]] technology company [[NexTag]] in March 2015 from a consortium of investors led by [[Deutsche Bank]].


In October 2015, Regent purchased the catalog and e-commerce company [[Lillian Vernon Corporation]] and mail order business Current, Inc. from Minnesota- based [[Taylor Corporation]].<ref>{{cite web|url=http://www.chicagotribune.com/business/ct-lillian-vernon-dies-20151215-story.html|title=Lillian Vernon, queen of mail-order catalogs, dies at 88|author=Chicago Tribune|date=15 December 2015|work=chicagotribune.com|accessdate=19 April 2016}}</ref><ref>{{cite web|url=http://articles.philly.com/2015-12-17/news/69094455_1_handbags-mount-vernon-new-york-city|title=Lillian Vernon - Catalog queen, 88|work=philly-archives|accessdate=19 April 2016}}</ref><ref>{{cite web|url=http://gazette.com/current-sold-to-equity-firm/article/1564944|title=Current sold to equity firm|work=Colorado Springs Gazette|accessdate=19 April 2016}}</ref> Regent's holdings also include magazine publisher HistoryNet and the military and defense publishing company [[Sightline Media Group]], which it bought from [[Tegna, Inc.|Tegna]] in 2016.<ref>http://www.bizjournals.com/washington/news/2016/03/22/heres-how-much-the-tegna-ceo-earned-in-2015.html</ref><ref>{{cite web|url=http://www.bryensblog.com/#!blog/c1yuo/tag/Regent-Equity|title=Bryensblog national security and technology|work=Bryensblog national security and technology|accessdate=19 April 2016}}</ref><ref>{{cite web|url=http://breakingdefense.com/2016/03/day-of-reckoning-defense-news-dod-service-papers-sold-to-venture-capitalist/|title=Day Of Reckoning: Defense News, DoD Service Papers Sold To Venture Capitalists|work=Breaking Defense|accessdate=19 April 2016}}</ref> [[Sightline Media Group]] publishes [[Armed Forces Journal]], [[Defense News]], [[Army Times]], [[Navy Times]], [[Air Force Times]] and [[Federal Times]].
In October 2015, Regent purchased the catalog and e-commerce company [[Lillian Vernon Corporation]] and mail order business Current, Inc. from Minnesota- based [[Taylor Corporation]].<ref>{{cite web|url=http://www.chicagotribune.com/business/ct-lillian-vernon-dies-20151215-story.html|title=Lillian Vernon, queen of mail-order catalogs, dies at 88|author=Chicago Tribune|date=15 December 2015|work=chicagotribune.com|accessdate=19 April 2016}}</ref><ref>{{cite web|url=http://articles.philly.com/2015-12-17/news/69094455_1_handbags-mount-vernon-new-york-city|title=Lillian Vernon - Catalog queen, 88|work=philly-archives|accessdate=19 April 2016}}</ref><ref>{{cite web| url=http://gazette.com/current-sold-to-equity-firm/article/1564944|title=Current sold to equity firm| work=Colorado Springs Gazette|accessdate=19 April 2016}}</ref> Regent's holdings also include magazine publisher HistoryNet and the military and defense publishing company [[Sightline Media Group]], which it bought from [[Tegna, Inc.|Tegna]] in 2016.<ref>http://www.bizjournals.com/washington/news/2016/03/22/heres-how-much-the-tegna-ceo-earned-in-2015.html</ref><ref>{{cite web|url=http://www.bryensblog.com/#!blog/c1yuo/tag/Regent-Equity|title=Bryensblog national security and technology|work=Bryensblog national security and technology|accessdate=19 April 2016}}</ref><ref>{{cite web|url=http://breakingdefense.com/2016/03/day-of-reckoning-defense-news-dod-service-papers-sold-to-venture-capitalist/|title=Day Of Reckoning: Defense News, DoD Service Papers Sold To Venture Capitalists|work=Breaking Defense|accessdate=19 April 2016}}</ref> [[Sightline Media Group]] publishes [[Armed Forces Journal]], [[Defense News]], [[Army Times]], [[Navy Times]], [[Air Force Times]] and [[Federal Times]].


In October 2017, Regent purchased the luxury salon division of [[Regis Corporation]] which employs 10.800 people and operates over 1,200 stores under multiple brands including Regis, [[MasterCuts]], Hennessey and [[Carlton Hair]] in North America and the Regis and [[SuperCuts]] brands in Europe. This newest portfolio company operates under the brand The Beautiful Group.<ref>https://www.bizjournals.com/twincities/news/2017/10/02/regis-sells-1-000-salons-to-regent.html</ref><ref>http://labusinessjournal.com/news/2017/oct/02/regent-strikes-deal-franchise-hundreds-hair-salons/</ref>
In October 2017, Regent purchased the luxury salon division of [[Regis Corporation]] which employs 10.800 people and operates over 1,200 stores under multiple brands including Regis, [[MasterCuts]], Hennessey and [[Carlton Hair]] in North America and the Regis and [[SuperCuts]] brands in Europe. This newest portfolio company operates under the brand The Beautiful Group.<ref>https://www.bizjournals.com/twincities/news/2017/10/02/regis-sells-1-000-salons-to-regent.html</ref><ref>http://labusinessjournal.com/news/2017/oct/02/regent-strikes-deal-franchise-hundreds-hair-salons/</ref>


On November 30, 2017 [[Time Inc.]] announced the sale of the iconic [[Sunset (magazine)|Sunset]] brand to [[Regent Companies|Regent LP]].<ref>{{Cite news|url=https://www.nytimes.com/2017/11/30/dining/sunset-magazine-sale-regent.html|title=Sunset Magazine Is Sold to a California Private Equity Firm|last=Severson|first=Kim|date=2017-11-30|work=The New York Times|access-date=2017-11-30|language=en-US|issn=0362-4331}}</ref> Sunset was founded in 1898 and serves an audience of 6.5 million across its digital, print and social platforms.
On November 30, 2017 [[Time Inc.]] announced the sale of the iconic [[Sunset (magazine)|Sunset]] brand to [[Regent Companies|Regent LP]].<ref>{{Cite news|url=https://www.nytimes.com/2017/11/30/dining/sunset-magazine-sale-regent.html|title=Sunset Magazine Is Sold to a California Private Equity Firm|last=Severson|first=Kim|date=2017-11-30|work=The New York Times|access-date=2017-11-30|language=en-US|issn=0362-4331}}</ref> Sunset was founded in 1898 and serves an audience of 6.5 million across its digital, print and social platforms.


In January 2019, [[L Brands]] the parent company of [[Victorias Secret]] sold its [[La Senza]] subsidiary to Regent. Founded in 1990, La Senza is a leading retailer of lingerie and sleepwear in North America and internationally. La Senza employs over 2,000 associates globally and currently operates 130 company-owned stores in the United States and Canada and an additional 187 stores via its international franchise partners spanning 36 countries across the Middle East, Northern Africa, Latin America, Eastern Europe and South East Asia. <ref>https://www.forbes.com/sites/andriacheng/2018/12/13/victorias-secret-parent-l-brands-has-found-a-buyer-for-la-senza/#835086374233</ref> <ref>https://www.wsj.com/articles/l-brands-sells-la-senza-lingerie-to-private-equity-firm-11544715322</ref>
In January 2019, [[L Brands]] the parent company of [[Victorias Secret]] sold its [[La Senza]] subsidiary to Regent. Founded in 1990, La Senza is a leading retailer of lingerie and sleepwear in North America and internationally. La Senza employs over 2,000 associates globally and currently operates 130 company-owned stores in the United States and Canada and an additional 187 stores via its international franchise partners spanning 36 countries across the Middle East, Northern Africa, Latin America, Eastern Europe and South East Asia.<ref>https://www.forbes.com/sites/andriacheng/2018/12/13/victorias-secret-parent-l-brands-has-found-a-buyer-for-la-senza/#835086374233</ref> <ref>https://www.wsj.com/articles/l-brands-sells-la-senza-lingerie-to-private-equity-firm-11544715322</ref>


In February 2019, Regent purchased Plainville Farms food business from [[Hain Celestial Group]] <ref>https://www.globalmeatnews.com/Article/2019/02/25/Hain-Celestrial-sells-Plainville-Farms</ref>
In February 2019, Regent purchased Plainville Farms food business from [[Hain Celestial Group]] <ref>https://www.globalmeatnews.com/Article/2019/02/25/Hain-Celestrial-sells-Plainville-Farms</ref>


In July 2019, Regent purchased the historic French cycling company [[Mavic]] from [[Amer Sports]].
In July 2019, Regent purchased the historic French cycling company [[Mavic]] from [[Amer Sports]].
Based in Annecy, France, [[Mavic]] has been manufacturing bike systems, rider’s equipment and athletic apparel for consumers as well as champions of the [[Tour de France]] and the [[Olympics]] since 1889. The company has been an official sponsor of the Tour de France, as the operator of the neutral support vehicles for over four decades. <ref>https://www.bicycleretailer.com/industry-news/2019/07/10/mavic-promises-acceleration-sale-completed#.XScYBMopCfA</ref>
Based in Annecy, France, [[Mavic]] has been manufacturing bike systems, rider’s equipment and athletic apparel for consumers as well as champions of the [[Tour de France]] and the [[Olympics]] since 1889. The company has been an official sponsor of the Tour de France, as the operator of the neutral support vehicles for over four decades. <ref>https://www.bicycleretailer.com/industry-news/2019/07/10/mavic-promises-acceleration-sale-completed#.XScYBMopCfA</ref>


In August 2019, Regent purchased the [[Diamondback Bicycles]] and [[Redline Bicycles]] brands as well as several other cycling businesses from Netherlands based [[Accell]].
In August 2019, Regent purchased the [[Diamondback Bicycles]] and [[Redline Bicycles]] brands as well as several other cycling businesses from Netherlands based [[Accell]].

Revision as of 00:12, 29 January 2020

Regent, L.P.
IndustryPrivate equity
Founded2013
FounderMichael Reinstein
HeadquartersBeverly Hills, California, United States
ProductsInvestments, private equity funds, leveraged buyouts
Websiteregentlp.com

Regent, L.P. is a multi-sector private equity firm based in Beverly Hills, California.[1] Many of Regent's investments have been in the software, technology, consumer products, retail and media space.

Selected investments

Regent's first acquisition was in 2013, when the firm acquired the Rovi Entertainment Store over-the-top video platform from Rovi Corporation with an Austin, Texas-based investor.[2] The firm later purchased the CinemaNow video business from Best Buy. Regent and its partners sold these businesses to FilmOn in 2015.[3][4][5]

In September 2013, the firm's partners acquired control of Skinit, a San Diego-based e-commerce company from private equity firm Ares Management. Regent acquired Halco Rock Tools from Caterpillar Inc. in September 2014. The firm acquired travel technology provider Pegasus Solutions in October 2014 in a transaction that included divesting the Pegasus distribution services business to HIG Capital.[6][7][8][9] Regent acquired Silicon Valley technology company NexTag in March 2015 from a consortium of investors led by Deutsche Bank.

In October 2015, Regent purchased the catalog and e-commerce company Lillian Vernon Corporation and mail order business Current, Inc. from Minnesota- based Taylor Corporation.[10][11][12] Regent's holdings also include magazine publisher HistoryNet and the military and defense publishing company Sightline Media Group, which it bought from Tegna in 2016.[13][14][15] Sightline Media Group publishes Armed Forces Journal, Defense News, Army Times, Navy Times, Air Force Times and Federal Times.

In October 2017, Regent purchased the luxury salon division of Regis Corporation which employs 10.800 people and operates over 1,200 stores under multiple brands including Regis, MasterCuts, Hennessey and Carlton Hair in North America and the Regis and SuperCuts brands in Europe. This newest portfolio company operates under the brand The Beautiful Group.[16][17]

On November 30, 2017 Time Inc. announced the sale of the iconic Sunset brand to Regent LP.[18] Sunset was founded in 1898 and serves an audience of 6.5 million across its digital, print and social platforms.

In January 2019, L Brands the parent company of Victorias Secret sold its La Senza subsidiary to Regent. Founded in 1990, La Senza is a leading retailer of lingerie and sleepwear in North America and internationally. La Senza employs over 2,000 associates globally and currently operates 130 company-owned stores in the United States and Canada and an additional 187 stores via its international franchise partners spanning 36 countries across the Middle East, Northern Africa, Latin America, Eastern Europe and South East Asia.[19] [20]

In February 2019, Regent purchased Plainville Farms food business from Hain Celestial Group [21]

In July 2019, Regent purchased the historic French cycling company Mavic from Amer Sports. Based in Annecy, France, Mavic has been manufacturing bike systems, rider’s equipment and athletic apparel for consumers as well as champions of the Tour de France and the Olympics since 1889. The company has been an official sponsor of the Tour de France, as the operator of the neutral support vehicles for over four decades. [22]

In August 2019, Regent purchased the Diamondback Bicycles and Redline Bicycles brands as well as several other cycling businesses from Netherlands based Accell.

References

  1. ^ "Regent Equity Partners, LLC: Private Company Information". Bloomberg L.P.
  2. ^ Spangler, Todd (September 19, 2013). "Target Ticket: Complications Launch Target's Digital Video Service?". Variety.
  3. ^ Todd Spangler. "FilmOn Buys CinemaNow Movie, TV Download Service - Variety". Variety. Retrieved 19 April 2016.
  4. ^ "FilmOn buys movie and TV store CinemaNow". digitaltveurope.net. Retrieved 19 April 2016.
  5. ^ "FilmOn Reels in CinemaNow". multichannel.com. Retrieved 19 April 2016.
  6. ^ "Exclusive: Pegasus Solutions Spins Off Reservations Business to Regent Equity Partners". Skift. October 22, 2014.
  7. ^ Beltran, Luisa (November 14, 2014). "H.I.G. buys Pegasus' Distribution Services unit". PE HUB.
  8. ^ "Pegasus Names Scott Gibson Chief Executive Officer". Hotel News Resource. 21 November 2014.
  9. ^ Fox, Linda (November 14, 2014). "Pegasus switches to new private equity ownership". Phocuswire.
  10. ^ Chicago Tribune (15 December 2015). "Lillian Vernon, queen of mail-order catalogs, dies at 88". chicagotribune.com. Retrieved 19 April 2016.
  11. ^ "Lillian Vernon - Catalog queen, 88". philly-archives. Retrieved 19 April 2016.
  12. ^ "Current sold to equity firm". Colorado Springs Gazette. Retrieved 19 April 2016.
  13. ^ http://www.bizjournals.com/washington/news/2016/03/22/heres-how-much-the-tegna-ceo-earned-in-2015.html
  14. ^ "Bryensblog national security and technology". Bryensblog national security and technology. Retrieved 19 April 2016.
  15. ^ "Day Of Reckoning: Defense News, DoD Service Papers Sold To Venture Capitalists". Breaking Defense. Retrieved 19 April 2016.
  16. ^ https://www.bizjournals.com/twincities/news/2017/10/02/regis-sells-1-000-salons-to-regent.html
  17. ^ http://labusinessjournal.com/news/2017/oct/02/regent-strikes-deal-franchise-hundreds-hair-salons/
  18. ^ Severson, Kim (2017-11-30). "Sunset Magazine Is Sold to a California Private Equity Firm". The New York Times. ISSN 0362-4331. Retrieved 2017-11-30.
  19. ^ https://www.forbes.com/sites/andriacheng/2018/12/13/victorias-secret-parent-l-brands-has-found-a-buyer-for-la-senza/#835086374233
  20. ^ https://www.wsj.com/articles/l-brands-sells-la-senza-lingerie-to-private-equity-firm-11544715322
  21. ^ https://www.globalmeatnews.com/Article/2019/02/25/Hain-Celestrial-sells-Plainville-Farms
  22. ^ https://www.bicycleretailer.com/industry-news/2019/07/10/mavic-promises-acceleration-sale-completed#.XScYBMopCfA


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