Tully & Holland Announces Another Acquisition by S&S Worldwide
WELLESLEY, Mass., October 27, 2016 - Tully & Holland, Inc. is pleased to announce another successful conclusion to a buy-side M&A advisory engagement. The firm represented S&S Worldwide in its acquisition of an undisclosed company. This is the fifth transaction in which Tully & Holland has represented S&S Worldwide.
"This acquisition will further our goals of growing and diversifying revenues and profits from our traditional catalog-based marketing efforts", stated Hy Schwartz, co-President of S&S Worldwide. He continued, "Partnering with Tully & Holland over the past 8 years has helped re-shape the contours of our 110 year-old family company."
S&S Worldwide, Inc. is a leading marketer of crafts, sporting goods, and supplies to schools, recreation departments and healthcare facilities throughout the country. Its sales are primarily to institutions through catalogs and the internet. The fourth generation family-owned and managed company www.ssww.com
was founded in 1906. Based in Colchester, CT it has through this acquisition, and other initiatives, begun to prepare for its next 100 years.
The acquired company's president said, "Working with S&S Worldwide will enable us to grow our business faster and more profitably, compete for larger programs, and enable more opportunities for our employees."
About Tully & Holland
Tully & Holland, Incorporated is an investment bank established in 1992 devoted to providing middle market consumer product companies with high quality customized corporate finance and merger & acquisition advisory services. The firm has particular expertise representing multi-channel marketers, retailers, consumer product manufacturers and distributors and food & beverage companies.
Recent direct marketing transactions in which Tully & Holland has participated include such companies as Victorian Trading Company, Cuddledown, Potpourri Group, The Territory Ahead, and HSN (NASDAQ: HSNi).
Interested parties may visit the website at www.tullyandholland.com
for further information on the firm and its recent activities or contact Timothy W. Tully, President or Stuart Rose, Managing Director.