Harris Williams & Co. Advises The ERGObaby, Carrier Inc. in its Sale to Compass Diversified Holdings
September 17 2010 - 12:00PM
Business Wire
Harris Williams & Co. is pleased to announce the sale of The
ERGObaby Carrier, Inc. (ERGObaby) to Compass Diversified Holdings.
The transaction closed on September 16, 2010. Harris Williams &
Co. acted as the exclusive advisor to ERGObaby. The transaction was
led by Craig Lawson and Tara Smith from the firm’s San Francisco
office.
“ERGObaby is the global leader in soft structured baby carriers
and has revolutionized the product category,” said Craig
Lawson. “The company has exhibited phenomenal growth and possesses
tremendous potential going forward. Compass provides them a partner
that understands the branded consumer products space and the
“mission” of the company, and possesses the financial wherewithal
to allow the company to further capitalize on its tremendous
leadership position.”
Founded in 2003, ERGObaby is a worldwide leader in high-quality,
innovative babywearing products and accessories. ERGObaby designs
and sells hands free baby carriers, for babies, from newborn to
toddler that can be worn in the front, back, or hip positions, as
well as associated accessories.
Compass Diversified Holdings (NASDAQ:CODI) owns and manages a
diverse family of established North American middle market
businesses. Each of its eight subsidiaries is a leader in their
niche market. CODI maintains controlling ownership interests in
each of its subsidiaries in order to maximize its ability to impact
long term cash flow generation and value. The company provides both
debt and equity capital for its subsidiaries, contributing to their
financial and operating flexibility. CODI utilizes the cash flows
generated by its subsidiaries to invest in their long-term growth
and to make cash distributions to its owners.
Harris Williams & Co. (www.harriswilliams.com), a member of
The PNC Financial Services Group, Inc. (NYSE:PNC), is the premier
middle market advisor with a two-decade legacy of sell side
excellence serving clients worldwide. The firm is
focused exclusively on the middle market and provides
sell side and acquisition advisory, restructuring
advisory, board advisory, private placements and capital markets
advisory services.
Investment banking services are provided by Harris Williams LLC,
a registered broker-dealer and member of FINRA and SIPC, and Harris
Williams & Co. Ltd, an Appointed Representative of Sturgeon
Ventures LLP, which is authorized and regulated by the Financial
Services Authority. Harris Williams & Co. is a trade name under
which Harris Williams LLC and Harris Williams & Co. Ltd conduct
business in the U.S. and Europe, respectively.
For general release inquiries, please contact Kimberly Baker,
marketing director, at +1 (804) 648-0072.
PNC Financial Services (NYSE:PNC)
Historical Stock Chart
From Jun 2024 to Jul 2024
PNC Financial Services (NYSE:PNC)
Historical Stock Chart
From Jul 2023 to Jul 2024