Year: 2005

Industry: Apparel, Footwear & Accessories

Service: Sell-Side M&A

Geography: North America

Exclusive Financial Advisor to Jeffrey on Sale of Additional Interest to Nordstrom

Just Jeffrey, Inc., which operates two luxury specialty stores in New York City and Atlanta, GA, retained Financo to facilitate the expansion of the existing partnership between Jeffrey and Nordstrom.

Understanding the client’s requirements, Financo worked with Jeffrey’s founder, Jeffrey Kalinsky, to negotiate the sale of shares to Nordstrom in a transaction that provided an attractive valuation yet enabled Mr. Kalinsky to retain equity in the company and control over merchandising and design.

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