The iconic but 'undercommercialised' Care Bears brand was handed to a new owner this summer after quadrupling revenues during its three-year hold period.
Not every investment follows the traditional five-year-or-longer hold period. Some defy expectations by growing at a brisk pace, precipitating a faster exit.
Such was the case for Care Bears, the Los Angeles-based family entertainment franchise that was acquired by IVEST Consumer Partners and Cloverlay only three years ago.
Source: PE International · Summarized by HeadlinesBriefing