Carlson Private Capital Partners (US) made an undisclosed investment in Lakeshirts / Blue 84 (US), a consumer goods company based in Detroit Lakes. The transaction closed on December 23, 2019.

Acquirer:Carlson Private Capital Partners
Target:Lakeshirts / Blue 84
Type of deal:Investment
Deal value:Undisclosed
Date closed:December 23, 2019
Financial advisors:N/A (buy-side and sell-side)
Legal advisors:N/A (buy-side and sell-side)

Deal Mechanics

The investment by Carlson Private Capital Partners aims to support the growth of Lakeshirts / Blue 84, a supplier of branded merchandise for corporate clients. The deal terms were not disclosed.

Strategic Rationale

This investment is intended to drive business expansion and foster community development in Detroit Lakes through enhanced marketing efforts and operational improvements.

Financial Context

Lakeshirts / Blue 84 operates as a consumer goods company providing custom apparel and promotional products for corporate clients. The financial details of the transaction remain undisclosed, but the deal aims to bolster its market position and growth trajectory in the coming years.

Advisors

No information on advisors involved was provided by either party.

Outlook

Lakeshirts / Blue 84 plans to use this investment as a springboard for further development, focusing on enhancing its product offerings and service delivery capabilities.