Hanover

Hanover Accessories

Business Description

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.

Background

The owners of Hanover were seeking to maximize shareholder value through a limited auction process in order to facilitate a liquidity event.

Solution

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.