Regent, L.P. is a multi-sector

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a typ ...

firm based in

Beverly Hills, California Beverly Hills is a city located in Los Angeles County, California. A notable and historic suburb of Greater Los Angeles, it is in a wealthy area immediately southwest of the Hollywood Hills, approximately northwest of downtown Los Angeles. ...

. Many of Regent's investments have been in the software, technology, consumer products, retail and media space. Its founder and chairman is

Michael Reinstein Michael A. Reinstein is an American businessman, lawyer, private equity executive and the founder and chairman of Regent, a global private equity firm. Early life Michael Reinstein was born in Los Angeles, California. He attended Southern Method ...

Selected investments

Regent's first acquisition was in 2013, when the firm acquired the Rovi Entertainment Store over-the-top video platform from

Rovi Corporation TiVo Corporation, formerly known as the Rovi Corporation and Macrovision Solutions Corporation, was an American technology company. Headquartered in San Jose, California, the company is primarily involved in licensing its intellectual property ...

with an Austin, Texas-based investor. The firm later purchased the

CinemaNow CinemaNow was an international over-the-top (OTT) provider of on-demand, Internet streaming media available to viewers in the United States, Canada and the United Kingdom. The company was founded in 1999 and was headquartered in Los Angeles, Cal ...

video business from

Best Buy Best Buy Co. Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebra ...

. Regent and its partners sold these businesses to

FilmOn FilmOn is an Internet-based television provider owned by FilmOn.TV Networks Inc. FilmOn.TV Networks is owned by Alki David, who founded the company in 2006. Programming FilmOn is a subscription-based Internet-based television service allowi ...

in 2015. In September 2013, the firm's partners acquired control of Skinit, a San Diego-based e-commerce company from private equity firm

Ares Management Ares Management Corporation is an American global alternative investment manager operating in the credit, private equity and real estate markets. The company was founded in 1997 and is headquartered in Los Angeles, California, with additional of ...

. Regent acquired Halco Rock Tools from Caterpillar Inc. in September 2014. The firm acquired travel technology provider Pegasus Solutions in October 2014 in a transaction that included divesting the Pegasus distribution services business to

HIG Capital H.I.G. Capital is a Miami, Florida–based private equity and alternative assets investment firm with $53 billion of equity capital under management. The firm operates a family of private equity, growth equity, credit/ special situation, primary ...

. Regent acquired

Silicon Valley Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo Count ...

technology company

NexTag Nextag was an independent price comparison service website for products, travel, and education. It started originally as a website where buyers and sellers could negotiate prices for computers and electronics products. Since 2000, the current bus ...

in March 2015 from a consortium of investors led by

Deutsche Bank Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Sto ...

. In October 2015, Regent purchased the catalog and e-commerce company Lillian Vernon Corporation and mail order business Current, Inc. from Minnesota- based Taylor Corporation. Regent's holdings also include magazine publisher HistoryNet and the military and defense publishing company

Sightline Media Group Sightline Media Group, formerly Gannett Government Media and Army Times Publishing Company, is a United States company that publishes newspapers, magazines, websites, and other publications about the U.S. and other militaries. The company's '' ...

, which it bought from

Tegna Tegna Inc. (stylized in all caps as TEGNA) is an American publicly traded broadcast, digital media and marketing services company headquartered in Tysons Corner, Virginia. It was created on June 29, 2015, when the Gannett Company split into tw ...

in 2016.

publishes ''

Armed Forces Journal ''Armed Forces Journal'' (''AFJ'') was a publication for American military officers and leaders in government and industry. Created in 1863 as a weekly newspaper, ''AFJ'' was published under various names by various owners in various formats fo ...

'', ''

Defense News ''Defense News'' is a website and newspaper about the politics, business, and technology of national security published by Sightline Media Group. Founded in 1986, ''Defense News'' serves an audience of senior military, government, and industry d ...

'', ''

Army Times ''Army Times'' (ISSN 0004–2595) is a newspaper published 26 times a year serving active, reserve, national guard and retired United States Army personnel and their families, providing news, information and analysis as well as community and ...

'', ''

Navy Times ''Navy Times'' (ISSN 0028-1697) is an American newspaper published 26 times per year serving active, reserve and retired United States Navy personnel and their families, providing news, information, analysis, community lifestyle features, educa ...

'', ''

Air Force Times ''Air Force Times'' is a newspaper published 26 times per year to provide active, reserve and retired United States Air Force and Air National Guard personnel and their families with news, information, analysis, community and lifestyle features, ...

'' and ''

Federal Times ''Federal Times'' is a source of information for senior U.S. government managers on trends and issues facing them in their job performance and career. The magazine is published six times per year. ''Federal Times'' is part of Sightline Media Grou ...

''. The Sightline business was run by Washington D.C. based media executive David Smith until 2018. In October 2017, Regent purchased the luxury salon division of

Regis Corporation Regis Corporation is an American operator of hair salons. As of August 2021, it has 5,563 franchised and 276 company-owned salons. Its headquarters are in Saint Louis Park, Minnesota. The primary trade names Regis salons operates under are Smart ...

which operated multiple brands including Regis, MasterCuts, Hennessey and Carlton Hair in North America and the Regis and

SuperCuts Supercuts is a hair salon franchising, franchise with more than 2,400 locations across the United States. The company was founded in the San Francisco Bay Area in 1975, by Geoffrey M. Rappaport and Frank E. Emmett. The company's first location w ...

brands in Europe. On November 30, 2017

Time Inc. Time Inc. was an American worldwide mass media corporation founded on November 28, 1922, by Henry Luce and Briton Hadden and based in New York City. It owned and published over 100 magazine brands, including its namesake ''Time'', ''Sports Illu ...

announced the sale of the ''

Sunset Sunset, also known as sundown, is the daily disappearance of the Sun below the horizon due to Earth's rotation. As viewed from everywhere on Earth (except the North and South poles), the equinox Sun sets due west at the moment of both the spr ...

'' brand to Regent LP. Sunset was founded in 1898 and serves an audience of 6.5 million across its digital, print and social platforms. In January 2019,

L Brands Bath & Body Works, Inc. (formerly known as L Brands, Inc., Limited Brands, Inc. and The Limited, Inc.) is an American specialty retail company based in Columbus, Ohio. It owns Bath & Body Works, posted $11.9 billion in revenue in 2021, and wa ...

, parent company of

Victoria's Secret Victoria's Secret is an American lingerie, clothing, and beauty retailer known for high visibility marketing and branding, starting with a popular catalog and followed by an annual fashion show with supermodels dubbed Angels. As the largest r ...

, sold lingerie and sleepwear retailer

La Senza La Senza Corporation is a Canadian fashion retailer that sells women's lingerie and intimate apparel. The La Senza brand is currently owned by Regent which operates and owns La Senza stores in Canada and the United States and uses a franchise mo ...

to Regent. In February 2019, Regent purchased Plainville Farms food business from American food company

Hain Celestial Group The Hain Celestial Group, Inc. is an American food company whose main focus is natural foods and botanically-based personal care products. Its products range from herbal teas, sold by its Celestial Seasonings brand to snacks offered through its Te ...

. In August 2019, Regent purchased the

Diamondback Bicycles Diamondback Bicycles is a major bicycle brand that is based in Kent, Washington. Diamondbacks are sold in many countries, including the United States, Australia, Canada, and the United Kingdom. Most Diamondbacks are considered to be mid-type bicy ...

and Redline Bicycles brands as well as several other cycling businesses from Netherlands-based bicycle company

Accell Accell Group N.V. is a bicycle company based in Heerenveen, Netherlands. They own the bicycle brands Atala, Babboe, Batavus, Carraro Cicli, Ghost, Haibike, KOGA, Lapierre, Loekie, Nishiki, Raleigh, Sparta, Torker, Tunturi, Van Nichola ...

. In November 2019, Regent purchased the

Escada Escada SE is a luxury women's designer clothing company headquartered in Munich, Germany. The company is owned by Regent, L.P., an international private equity firm led by investor Michael Reinstein. The company was founded in 1978 by designe ...

fashion house from an affiliate of multinational corporation

ArcelorMittal ArcelorMittal S.A. is a Luxembourgian multinational steel manufacturing corporation headquartered in Luxembourg City. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel. ArcelorMittal is the second la ...

S.A.

References

Financial services companies established in 2013 Private equity firms of the United States American companies established in 2013 Companies based in Beverly Hills, California {{US-finance-company-stub