Cuddledown Acquired by Potpourri Group
Luxury bedding company Cuddledown Inc. has been acquired by American Capital Ltd.'s Potpourri Group, a specialty catalog company. Terms of the deal weren't disclosed. American Capital, a publicly traded private equity firm, said the transaction was completed in December. The deal marks the second acquisition of a Maine-based company by the Potpourri Group in recent months. In June, it acquired FetchDog, a dog accessories catalog and internet site co-founded by actress Glenn Close and her husband, David Shaw.