Jacob Ash Holdings Inc Recapitalizes with Huntington Capital Investment Company
Published August 16, 2018
FOR IMMEDIATE RELEASE // SEATTLE, WASHINGTON – Meridian Capital LLC, a Seattle-based middle market corporate finance and M&A advisory firm is excited to announce the successful recapitalization of its client, Jacob Ash Holdings Inc (Jacob Ash or “the Company”). Meridian Capital, in collaboration with Brown Gibbons Lang & Co, served as the exclusive financial advisors to the Company.
Huntington Capital Investment Company funded the financing. The recapitalization provides the Company with fresh capital to support the growth objectives and strategic initiative of management and the financial sponsor group.
ABOUT JACOB ASH HOLDINGS, INC
Founded in 1930, Jacob Ash Holdings is a privately held company with an established board of directors since 2004, servicing the cold weather market. In 2014, Jacob Ash acquired Emanuel Geraldo, a 30-year leader in women’s cold weather and fashion accessories. The company produces and sells apparel and accessories such as hunting gloves, head and rain wear, backpacks, waders, fishing vests, dress, ski and sports gloves, sweaters and casual apparel. Jacob Ash Holdings serves customers throughout North America.
“We’ve been working alongside Meridian Capital and BGL for many years in a collaborative relationship. They have been a key resource in helping us identify, analyze and pursue a variety of creative and customized financing strategies. With the refinancing, we have brought on new capital partners that are highly supportive of the company’s management team and growth strategy.”Bill Kaczynski, Chairman, Jacob Ash Holdings, Inc.
“The engagement with Jacob Ash Holdings Inc. has been particularly rewarding. We have worked with the Company on multiple transactions over a 4+ year relationship. This recapitalization positions the business and management team for further expansion.”Brian Murphy, President & Managing Director
For more information about this transaction, please contact one of the team members below:
Brian MurphyManaging Director, President
About Meridian Capital
Founded in 1995, Meridian Capital is a Seattle-based M&A advisory firm, advising business owners on complex corporate finance, M&A and strategic challenges for over 26 years. The firm differentiates itself through its deep industry insights, highly customized service approach, and end-to-end commitment to execution. With a unique combination of professionals with financial, transactional, and operational expertise, Meridian offers the depth and breadth of experience required to serve leading middle market companies in multiple sectors including aerospace & defense, business services, consumer, diversified industrials, food & beverage, technology, and telecommunications.