Mergers, Acquisitions and Divestitures

Kleinert’s Sleepwear Division

In a 363 auction, marketed this 120 year-old company producing a recovery 4-5 times higher than was anticipated by its lenders, who were advocating liquidation.

Liberty Media for Women

Financial advisor to the unique special interest online and print magazine "Ms." seeking to broaden readership and products to reach a sustainable profit level. Worked with Board as it determined to sell the business.

Logistics Express, Inc.

Represented the owners (Chemical Venture Capital Associates, Summit Partners, Capital Resource Partners and BancBoston Capital) in the management buyout of Logistics Express, Inc., the premier independent common and contract carrier of cryogenic liquids and compressed gases.

London Fog/Homestead

Advised London Fog Group in the 363 sale of Homestead, a premier designer and manufacturer of decorative textiles and accessories for the home to sourcing company Li & Fung USA.

London Fog/Pacific Trail

Advised London Fog Group in the 363 asset sale of the Pacific Trail outerwear business and related brands to Columbia Sportswear Company.

Martin-Stuart Ltd. D/B/A New York Laundry

Represented this activewear producer in its sale to Eureka Growth Capital and an operating/management team.

Marvin Richards Outerwear

Advised this outerwear manufacturer on valuation & transaction structure prior to its sale to a public company.

Molli Partners LLC

Avalon Net Worth worked as an advisor to Molli Partners LLC’s in the sale of its shoe brands: Butter, Skylar Blake, Dolce Lei and Something Bleu to Teshoeque LLC. 

Norstan Acquisition Corp.

Assisted acquisition group seeking fashion cents store assets to become the stocking horse bidder in the Chapter XI bankruptcy proceedings of Norstan Apparel Shops, Inc.

Pyramid Accessories, Inc.

The assets of this $60 million backpack and school supply maker were sold to a strategic acquirer, with the Pyramid principal continuing to operate the division.

* Indicates transactions were completed by Avalon Net Worth senior executives while employed at previous firms

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