Chicago – Brown Gibbons Lang & Company (BGL) is pleased to announce the successful recapitalization of its client, Jacob Ash Holdings, Inc. (Jacob Ash). BGL’s Consumer & Retail Group, in collaboration with Meridian Capital, served as the exclusive financial advisors to Jacob Ash. Terms of the transaction were not disclosed.
Huntington Capital Investment Company led the financing to support the recapitalization of Jacob Ash. This event provides Jacob Ash with fresh capital to support the growth objectives and strategic initiatives of management and the financial sponsor group.
Jacob Ash and its wholly owned subsidiary Emanuel Geraldo are premier suppliers of high quality, attractively designed apparel and accessories to virtually all channels of the retail market. The companies market a broad product offering including hunting accessories; dress, ski, and casual gloves; headwear; scarves; backpacks and other similar accessories to customers throughout North America.