JH Partners added anothr brand name to their portfolio with the acquisition of Alex and Ani. The retailer opened a store on Main Street in Newark earlier this year.
The Investment firm is known for specializing with middle-market consumer products and companies and has done deals with companies such as Bare Escentuals, Peet’s Coffee & Tea, and Frette.
Adding Alex and Ani into their group of specialized retailers makes sense when looking at the jewelry company’s well being. The terms of the transaction were not disclosed.
Click on the link below for the story from FashInvest:
via Specialty Retailer Alex and Ani is Acquired by JH Partners.