Comvest Woos Robbins Brothers from Weston Presidio
January 24, 2014
Comvest Partners has acquired jewelry store chain Robbins Brothers from Weston Presidio, funding the deal through its fourth investment vehicle. Known primarily for its engagement rings, Robbins Brothers filed for Chapter 11 bankruptcy protection in 2009, when Weston Presidio and Dorset Capital held minority stakes in the company. Weston Presidio maintained a stake in the company by buying ten of its stores once the company emerged from bankruptcy.