ShopOne Centers Acquired by Town Lane — Consumer M&A

Town Lane has acquired ShopOne Centers, a grocery business in the U.S., for an undisclosed amount. ShopOne Centers operates a retail platform focused on grocery-anchored shopping centers, supporting tenant leasing and property operations across its asset base. Town Lane acquisitions in consumer M&A aim to expand grocery acquisition exposure through a 27-asset portfolio anchored by grocery tenants. The platform acquisition is announced and structured as a private equity acquisition, combining a retail platform acquisition with investment in the multi-property portfolio. Terms, advisors, and expected close timing were not disclosed.