Kingswood Acquires CPWM From Bed Bath & Beyond
Kingswood Acquires CPWM from Bed Bath & Beyond Private-equity firm Cost Plus World Market Bed Bath & Beyond Inc. CPWM will continue to operate as a stand-alone retail brand. Los Angeles-based Kingswood focuses on lower-middle market businesses in retail, industrials, energy, technology, government and healthcare services. The sale is part of BBBY’s strategy to divest its non-core businesses and focus on home, baby, beauty and wellness products, according to BBBY President and CEO Mark Tritton. Bryan Cave provided legal counsel to BBBY on this deal. GPD Companies Inc., an affiliate of One...