Tully & Holland advises Catalog Marketplace, Inc. d/b/a Glendale in the sale of its assets to Capital Resources Partners.
January 17, 2012 - Tully & Holland, Inc. ("T&H") is pleased to announce its role as financial advisor to Catalog Marketplace, Inc. d/b/a Glendale ("Glendale") in the sale of its assets to Capital Resource Partners ("CRP"). BCA Mezzanine Fund provided senior debt and preferred equity capital in support of CRP's acquisition. Terms of the transaction were not disclosed.
Glendale is a leading direct marketer of ceremonial uniform accessories and parade equipment worn and used by the military, police and fire departments, schools and organizations. Glendale sells through its catalog and its website www.paradestore.com
. Glendale carries a broad selection of uniform accessories, flags and flag accessories, replica rifles, swords, and other related products used and worn by color guards, honor guards and drill teams. Glendale was established in 1947 and is based in Northvale, New Jersey.
Capital Resource Partners
Capital Resource Partners (www.crp.com
) is a growth focused investor providing financing to lower middle-market companies to support acquisitions, recapitalizations, later stage expansions and change of control transactions. The firm invests in the following industries: business and information services, consumer products and services, healthcare services and technology, proprietary industrial products.
Based in Boston MA, CRP was founded in 1987 and invests in companies throughout the United States. CRP has raised $1.1 billion of capital in five institutional limited partnerships and completed in excess of 90 transactions during its history.
About BCA Mezzanine Fund
BCA Mezzanine Fund, L. P. (www.baycapllc.com
) is a Small Business Investment Company ("SBIC") based in Providence, RI. Its investment focus is on smaller private companies, typically with sales from $5 million to $75 million. BCA Mezzanine Fund works with entrepreneurs, family-owned and operated companies, and private equity sponsors to address their growth capital needs.
About Tully & Holland
Tully & Holland Inc. (www.tullyandholland.com
) is a leading Boston-based investment bank established in 1992. The firm provides corporate finance and mergers & acquisitions advisory services to middle market consumer product companies. Tully & Holland has particular expertise representing multi-channel marketers, retailers, food & beverage companies, and consumer product manufacturers and distributors.
For further information on this transaction or the firm, please contact Christopher Kampe,
Managing Director at (781) 239-2900 x19.