Varsity Brands Enters Into Definitive Agreement To Be Acquired By Charlesbank Capital Partners

PR Newswire published Varsity Brands Enters Into Definitive Agreement To Be Acquired By Charlesbank Capital Partners.

Varsity Brands, a dynamic portfolio of brands that promote student participation while celebrating academic and athletic achievement, today announced that it has entered into a definitive agreement to be acquired by an investment group led by Charlesbank Capital Partners, a leading private equity firm. Varsity Brands’ senior leadership will remain in their current positions and, under the terms of the proposed transaction, invest in the company alongside Charlesbank.