The Bristol Luxury Group, a subsidiary of Bristol Capital Advisors, has substantially purchased the assets of specialty candy retailer Sugarfina, Inc. for $15.1 million through a sale approved by the U.S. Bankruptcy Court for the District of Delaware.
The sale, which closed Oct. 31 after an Oct. 22 auction, comes less than two months after Chapter 11 bankruptcy proceedings began. Bristol's majority owners are Paul L. Kessler and Diana Derycz-Kessler. Barlock Capital and Scott LaPorta join the Kesslers as co-investors.