Tully & Holland Newsletter
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A selection of recently completed transactions by Tully & Holland, Inc.see listings>>
Mergers
Tully & Holland works on behalf of the seller to evaluate, recommend, structure and close the transaction. more info >>Acquisitions
On behalf of the buyer, Tully & Holland conducts searches, negotiates and structures the transaction and follows through to closing. more info >>Private Placements
Tully & Holland is licensed to assist clients in raising equity and debt for expansion, acquisitions or recapitalizations.more info >>
Valuations
Tully & Holland provides valuation services to current and prospective clients. more info >>
Tully & Holland
60 William Street, Suite 100
Wellesley, MA 02481
781.239.2900
info@tullyandholland.com
60 William Street, Suite 100
Wellesley, MA 02481
781.239.2900
info@tullyandholland.com
| Member SIPC | Member FINRA |
Press Releases
Tully & Holland Announces Sale of Linen Source, Inc. to Orchard Brands Corporation
March 15, 2010Linen Source, owned by the Franzblau family of Tampa, Florida, is one of three direct marketing companies collectively known as The Thompson Group. Linen Source is a leading catalog and internet retailer of bedding and other home furnishings. The Company was founded in 1943 as Colonial Maid Curtains and was purchased by the Franzblau family in 1990. After a brief transition, bedding was identified as a key product category and the product mix shifted to offer a diverse selection of high quality, proprietary bedding products. Linen Source is a recognized, authoritative brand within the home furnishings category and reaches the desirable target demographic of women over the age of 45 with household income over $60,000.
Alix Franzblau, Treasurer of The Thompson Group commented, "The sale of Linen Source represents the second successful transaction Tully & Holland has conducted on behalf of the Thompson Group. Casual Living USA, Inc. was sold to Boston Apparel Group, a portfolio holding of Monomoy Capital, L.P. in February 2010. This sale completes the restructuring of The Thompson Group and allows us to focus on the continued growth of The Thompson Group’s remaining business, Thompson Cigar. "
ABOUT TULLY & HOLLAND
Tully & Holland, a leading investment bank established in 1992, provides corporate finance and merger & acquisition advisory services to middle market consumer product companies. The firm has particular expertise representing multi-channel marketers, retailers, food & beverage companies and consumer product manufacturers and distributors. For further information on the Linen Source or Casual Living transactions or the firm, please contact Tim Tully at (781) 239-2900 x14, ttully@tullyandholland.com or Stuart Rose at (718) 239-2900 x17, srose@tullyandholland.com

