Falonhead Gets Baby Photo Shop
The Daily Deal 8/25/06
Falconhead Capital LLC, a New York private equity firm that invests in life-style and leisure-related companies, has acquired St. Louis based Growing Family Inc., a provider of in-hospital infant photography at 2,200 hospitals throughout North America. No terms were released, but Falconhead invested from its Falconhead Capital Partners II LP fund for the Growing Family stake. The 59-year-old target also offers birth announcements, gifts and other keepsakes to families of newborns. The deal is the third investment from Falconhead's second fund.