Durational Capital Management partners with exceptional consumer businesses to drive disciplined, long-term growth through focused private equity investment.
Garage Beer receives investment from Durational Capital Management and adds two former brewing executives to its board. The investment amount and executives’ names are not stated.
Casper Sleep Inc. is being acquired and taken private by Durational Capital Management for about $308 million. Durational will pay $6.90 per share, and Casper’s stock rose 88.5% to close Monday at $6.69. The New York City-based mattress maker went public in February 2020.
Bojangles Inc. is being taken private by investment firms Durational Capital Management LP and Jordan Co in a deal valued at $593.7 million. The transaction comes as the fast-food sector faces high costs and increased competition; the article also notes Sonic Corp.’s $1.57 billion take-private deal and reports that Papa John’s had put itself up for sale.
