24 Apr, 2026

Bolster buys 64% stake in Royal Taste; Flacks Group buys Arch Amenities

Deal Wrap is updated as of 3 p.m. ET.

– Bolster Investment Partners BV agreed to acquire a 64% stake in Royal Taste Co. BV, a producer and distributor of white-label coffee brands.

– Flacks Group acquired Arch Amenities Group, an operator of wellness and amenity spaces. Moelis & Co. LLC and Berkeley Research Group were financial advisers to Arch Amenities, and Paul Weiss Rifkind Wharton & Garrison LLP and Young Conaway Stargatt & Taylor LLP were legal advisers. Berger Singerman LLP was legal adviser to Flacks Group.

HOF Capital Management LLC agreed to acquire a 45% stake in Bugatti Rimac d.o.o, an automotive joint venture, from Porsche Automobil Holding SE. Porsche will fully divest its equity stakes in Bugatti Rimac and Rimac Group to a HOF Capital-led consortium, which includes BlueFive Capital and institutional investors across the US and EU. The deal value was not disclosed. The transaction is subject to regulatory approval and is expected to close before the end of 2026.

The Sterling Group LP's Sterling Group Foundation Fund LP acquired The Scruggs Co., a Houston-based provider of products and repair services for municipal water and wastewater infrastructure across the Southern and Midwestern US. The deal value was undisclosed. BMO Capital Markets acted as exclusive financial adviser to The Sterling Group Foundation Fund.

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