L.A. Buyout Firm to Acquire Tourneau
- Share via
From Reuters
Watch store chain Tourneau Inc. said it had agreed to be acquired by an investor group led by Los Angeles buyout firm Leonard Green & Partners in a deal worth more than $300 million.
New York-based Tourneau distributes more than 100 watch brands including Rolex, Patek Philippe and Cartier.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
