Pages

Tuesday, October 23, 2012

Private Equity Firm JH Partners Buys Stake in Jeweler Alex & Ani


Private equity firm JH Partners has taken a sizeable minority stake in jeweler Alex & Ani LLC, people familiar with the investment said. The terms couldn't immediately be learned, but one of the people said JH Partners paid for the stake in cash.

The Providence, R.I.-based jeweler makes necklaces, earrings and other accessories, but is best known for its bangle bracelets. The company has 18 freestanding stores, and its gear is sold at department stores such as Nordstrom and Bloomingdales as well as independent stores. Founded in 2004, Alex & Ani is expected to post $75 million in revenue this year, up from $17 million in 2011, a person familiar with the company said.

The company expects revenue to double next year to $150 million, the person said.

 READ MORE AS YOU ENTER THE WORLDS OF #DANAMATTIOLI,@WSJ Tags: private equity,benny quetell,@resilient_ent, resilient media entertainment,venture capital,hedge funds,investment banking,twitter,facebook,linked in,stumbled upon,digg,pinterest,billionaires,hollywood,celebrities,public relations,marketing,pr,business,money,forbes,film finance,mashable,video gaming,technology keywords: private equity,benny quetell,@resilient_ent, resilient media entertainment,venture capital,hedge funds,investment banking,twitter,facebook,linked in,stumbled upon,digg,pinterest,billionaires,hollywood,celebrities,public relations,marketing,pr,business,money,forbes,film finance,mashable,video gaming,technology
#PRIVATEEQUITY #VENTURECAPITAL, #HEDGEFUNDS, #INVESTMENTBANKING & a few fun things as well. Check US OUT: http://on.fb.me/vch6FQ http://linkd.in/oiB29lhttp://on.fb.me/sdaWqc http://bit.ly/uhH9hQ http://bit.ly/trKLuj http://goo.gl/Q376nkeywords: #PrivateEquity, #HedgeFunds, #VentureCapital, #InvestmentBanking, #AlernativeAssets, #CapitalMarkets, #MergersAndAcquisitions, #WallStreet, #IPO #ResilientMediaEntertainment, #IPO, @Resilient_Ent, #Film, #Music, #VideoGaming, #Media, #Fashion, #TV, #Technology #JointVentures #FaceBook #Magazines #PublicRelations #Radio #WealthManagementtags: +PrivateEquity, +HedgeFunds, +VentureCapital, +InvestmentBanking, +AlernativeAssets, +CapitalMarkets, +MergersAndAcquisitions, +WallStreet, +IPO +ResilientMediaEntertainment, +IPO, +@Resilient_Ent, +Film, +Music, +VideoGaming, +Media, +Fashion, +TV, +Technology +JointVentures +FaceBook, +Magazines +PublicRelations,+Radio, +WealthManagement

No comments:

Post a Comment

WHAT SAY YOU?