Year: 2014

Industry: Direct-to-Consumer / E-Commerce, Home Furnishings & Décor, Specialty Retail

Service: Sell-Side M&A

Geography: North America

Exclusive Financial Advisor to Aurora Brands on Recapitalization with Castanea Partners

Financo advised Aurora Brands, the owner of two iconic American luxury home and lifestyle brands, MacKenzie-Childs and Jay Strongwater, on its sale of a majority stake to Castanea Partners.

“The professionals at Financo guided us through an extensive process to identify and approach potential buyers and negotiate the sale of a majority stake in Aurora Brands. Financo provided senior-level attention throughout the entire process, and successfully conveyed the vibrant history and significant future growth prospects of both Mackenzie-Childs and Jay Strongwater to help us achieve an outcome that exceeded our expectations”

– Lee Feldman, CEO and Howard Cohen, CFO, Aurora Brands

  • 2014

This transaction was completed prior to Raymond James’ acquisition of Financo.