Consumer Products
Jacob Ash Holdings Inc Recapitalizes with Huntington Capital Investment Company
Published August 16, 2018
FOR IMMEDIATE RELEASE // SEATTLE, WASHINGTON – CLA 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”). CLA 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 CLA 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
CLA Meridian Capital
For more information, please contact:
Managing Principal of Investment Banking
About CLA Meridian Capital
CLA Meridian Capital is the investment banking division of CliftonLarsonAllen (CLA) Wealth Advisors, LLC, an SEC registered investment advisor and broker dealer, member FINRA/SIPC. With 30+ years of middle-market M&A and financial advisory experience, $22 billion in total transaction value, and deep industry knowledge across the Consumer, Industrials, and Technology sectors, CLA Meridian Capital helps our clients preserve the value they’ve built and the legacies they leave behind.
