Transactions

  • October 30, 2017 - Roberta Roller Rabbit has been sold to an investor group

    Avalon Net Worth has identified an investor group for the acquistion of Roberta Roller Rabbit... 

    Read More
  • March 31, 2017 - Atlantic Street Capital portfolio's company, Alex Apparel Group, Inc., have acquired Sally Lou Fashions

    Avalon Net Worth has identified a strategic target company for Atlantic Street Capital and its portfolio company, Alex Apparel Group, to aquire... 

    Read More
  • March 02, 2017 - ANW has advised on the sale of Jaclyn, Inc. (OTCMKTS:JCLY), to an affiliate of Golden Touch Imports, Inc.

    Jaclyn, Inc. (OTCMKTS:JCLY), a $175 million (revenues) multi-line fashion and accessory firm, has been sold to an affiliate of Golden Touch Imports, Inc. ... 

    Read More
  • February 27, 2017 - Molli Partners LLC has sold its four shoe brands to Teshoeque LLC

    Molli Partners LLC has completed a sale of it's major brands to Teshoeque LLC... 

    Read More
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6

Noteworthy

  • October 17, 2017 - Global Private Wealth Dallas Forum on Macroeconomics

    At the 2017 GPW Dallas Forum our Co-CEO, Lynda Davey, spoke alongside other prominent industry executives regarding the current

    Read More
  • July 25, 2017 - Retail Summer School at Columbia Business School

    Richard Jaffe, a Managing Director at Avalon, along with Shoptalk, will host the 9th Annual Retail Summer School at

    Read More
  • May 10, 2017 - Retail’s Private Equity Legacy: Big Debt, Big Problems

    In an article published by WWD magazine our Co-CEO, Jack Hendler, shares his insight on Private Equity in the

    Read More
  • April 04, 2017 - Why Millennials and Mid-Market Firms Are a Fashion Match

    Apparel magazine published an article where our Co-CEO, Jack Hendler, discusses Milennials and Retail...    Read More...

    Read More
  • 1
  • 2
  • 3
  • 4
  • 5

InMotion Picks Up AltiTUNES

By Ed Christman
New York, NY - (Billboard.com) -  InMotion, the retail chain that rents and sells portable electronics and movies, has purchased AltiTunes, which sells music, in a deal that will create a $40 million chain with 53 locations in airports across the United States.
Michael Freedman, co-founder of Jacksonville, Fla.-based InMotion, says the deal allows the chain to "create a one-stop shopping experience for all forms of entertainment for people on the move."

InMotion rents portable DVDs and movies to travelers, who return the products via FedEx. The AltiTunes deal will allow stores in both chains to offer a product mix that includes movies, music, portable electronics, games and headsets. But it will apparently take several months to integrate the two chains, starting in April.

InMotion says it expects to create national, regional and local in-store promotions that leverage the 300 million people that are exposed to the brand annually.

Of the 53 stores between the two concepts, 50 are in U.S. airports, two are in international airports, and AltiTunes has a store in the Grand Central Terminal in New York.