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Bain Capital – Acquisition of Varsity Brands

Bain Capital has agreed to buy sports apparel business Varsity Brands from Charlesbank Capital Partners and Partners Group. Financial details of the transaction have not been disclosed. The business comprises BSN Sports, a team sports equipment and apparel distributor, Varsity Spirit, a cheerleading uniform provider and educational event organiser, and Herff Jones, a graduation products and services provider