American Capital Strategies Buys Cataloger Potpourri Group

American Capital Strategies, Ltd., Bethesda, MD, has purchased Potpourri Group Inc., a leading direct marketer of personal gifts, home décor and casual apparel. American Capital paid $188 million to Linsalata Capital Partners, a Cleveland-based private equity group, for the catalog company. Goldsmith Agio Helms, an investment bank, facilitated the deal.

Chelmsford, MA-based Potpourri had revenues of more than $161 million last year. Potpourri Group consists of five catalog companies, which publish 12 titles aimed at middle- and upper-income women between the ages of 45 and 60, including Catalog Favorites, Potpourri, Northstyle, and Expressions.