Hanover Accessories, LLC was a leading designer and marketer of private label and licensed branded jewelry, hair accessories, pet accessories, and seasonal novelty products for the “kid”, “tween”, teen, and pet markets for mass merchants and specialty shops.
The owners of Hanover were seeking to maximize shareholder value through a limited auction process in order to facilitate a liquidity event.
A principal of Carter Morse & Mathias served as Hanover’s exclusive financial advisor in the sale of the Company to Stravina Holdings, Inc. Stravina, a portfolio company of Blue Capital Management, is a leading designer and supplier of more than 900 different types of impulse purchase novelty and souvenir items.
This information should not be construed as a recommendation, offer to sell, or solicitation of an offer to buy a particular security or investment strategy. The commentary provided is for informational purposes only and should not be relied on for accounting, legal, tax or other professional advice. While the information herein is deemed reliable, CMM cannot guarantee its accuracy, completeness, or suitability for any purpose, and makes no warranties with regard to the results to be obtained from its use.
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