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... 

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  • 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... 

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  • 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. ... 

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  • 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... 

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  • December 24, 2016 - AUA Private Equity platform company has acquired Love & Quiches Gourmet's assets

    Love & Quiches Gourmet has joined the family of desserts brands in the AUA Private Equity platform, Indulge Desserts Holdings, LLC...

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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

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

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

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  • 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

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  • 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...

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  • March 20, 2017 - Our Co-CEO, Jack Hendler, has shared his view on the Garment District

    Crain's New York Business Newspapers has interviewd our Co-CEO, Jack Hendler, to voice his thoughts and insight on the

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$3.7 MM Growth Financing for Nina McLemore

New York, NY - (Press Release) - Nina McLemore, Inc., announced today that it has closed on $3.7 million of growth financing. Nina McLemore, Inc. is a designer women's clothing company that markets to successful executives, professionals and community leaders through a focused direct sales force and better specialty stores. The company will use the funds to expand its client base and direct distribution channel.

The $3.7 million venture financing was led by Aperture Venture Partners, LLC, and includes investments from Chazen Capital Partners, founded by Jerome Chazen, co-founder of Liz Claiborne, Inc., Slater Equity, and individual investors who are experts in the apparel and retail industry.

"Nina McLemore, Inc. is at a very attractive stage in its growth cycle." said Paul E. Tierney, Jr., Managing Director of Aperture Venture Partners. "Nina and her management team have proven track records in the fashion business. The strong consumer response over the last two years has demonstrated Nina McLemore's appeal. We look forward to partnering with Nina and her team to help realize the company's exceptional growth potential."

"Nina McLemore epitomizes today's Leading Edge women business owners who are much more likely than men and women in general to take financial risks, especially when it comes to expansion capital for their businesses." said Sharon Hadary, Executive Director of the Center for Women's Business Research, based on their latest research on women business owners seeking growth capital.

As business owners, high-ranking executives, and "community professionals," many women have been disappointed by the fashion industry's failure to meet their needs for designer level clothing appropriate for their active business, travel and social schedules.

Nina McLemore's line of clothing has received enthusiastic response from these women executives and high net worth active women, in large part due to her strategic approach that combines designer-quality fabrics and workmanship in simple, elegant styles with a direct sales model.

"These are the clothes I have always been looking for...beautiful fabrics, well made in styles that are distinctive and still easy to wear and take care of...an unusual combination. They fit well, travel well, and always make me feel great!" said Nancye Green, founder of Donovan/Green, a branding consultancy, and EQmedia, building brands in drtv. "From a retail perspective, Nina's direct approach certainly streamlines the value chain between the manufacturer and the consumer, which is particularly important today." said Dr. Myra Hart, professor at Harvard Business School and co-founder of Staples, Inc. "The direct sales approach provides excellent consumer feedback, personalized service, and an attractive shopping environment."

With almost half of the privately held businesses in the United States majority-owned and operated by women and generating nearly $2.3 trillion in sales [1], entrepreneurial women now represent an important economic powerhouse. By making clothing available through trunk shows and better specialty stores, Nina McLemore is able to provide service and convenience in a more intimate setting better suited than a department store to these women's preference for convenience and service when making consumer purchases.

"I founded Nina McLemore, Inc. to focus a designer collection on a large and fast growing demographic of successful and wealthy women who have been frustrated by the lack of clothing designed for them. In 2002, we launched in only four cities," said Nina McLemore, CEO and founder of Nina McLemore, Inc. "Based on the response of the thousands of women I have met across the country, we have been able to quickly expand the business to almost 30 markets in less than two years. We have clearly met an untapped need in the marketplace and are able to provide an income opportunity for many women who need or want to work and require flexible schedules."

Avalon Group, Ltd. a private New York based investment bank represented Nina McLemore, Inc. in arranging this growth financing. Avalon's principals own a portion of the company.

About Nina McLemore, Inc. Nina McLemore, Inc. designs high-quality clothing in simple, elegant styles that fit contemporary, successful executive women and women who are active in their communities. The Collection is sold on an exclusive basis through select better specialty stores and to private customers through exclusive sales consultants. Made of mostly natural fibers from the finest European mills, the fabrics are chosen for their luxurious textures, elegant design, quality and ability to withstand rigorous travel schedules. The Collection emphasizes jackets that transform an outfit with a timeless style. Prices range from $65 to $900, and represent a better value compared to more expensive designer collections.

Nina McLemore is the founder of Liz Claiborne Accessories and was a member of the Executive Committee at Liz Claiborne, Inc. She was previously V.P. GMM of May Department Stores International and co-Founded Regent Capital Partners. She is an active supporter of women in business and is the former Chair of the Center for Women's Business Research and Fashion Group International. She is a founding member of The Committee of 200, a member of Women's Presidents Organization, The Financial Women's Association, the International Women's Forum, and World President's Organization. She is a frequent speaker and mentor to young women, and has a passion for helping women succeed. Her greatest personal accomplishment is climbing Mt. Kilimanjaro.

About Aperture Venture Partners, LLC Aperture Venture Partners is a venture capital group committed to working with exceptional entrepreneurs to tackle significant problems and create major new opportunities. Aperture works with companies across a variety of sectors, including healthcare, consumer industries and business services.