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Private equity’s new target industry: Sex toys

Posted on February 21, 2014 by Chris Morris

The Jimmyjanegrowth of adult novelties is starting to turn heads in private equity.

Diamond Products, a portfolio company of New York’s Brookstone Partners, has acquired high-end sex toy manufacturer Jimmyjane. The companies did not disclose the amount of the all-cash deal.

Read more at CNBC.com

Posted in CNBC Tagged CNBC, jimmyjane, pipedream products, private equity, sex toys Leave a comment

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