Vaughn Communications has sold the assets of its Products Division to Gift Connection, Inc

December 17, 1998 - Tully & Holland, Inc. is pleased to announce its role as exclusive financial advisor to Vaughn Communications in the sale of the assets in its Products Division to Gift Connections, Inc., wholesaler of gifts, games, novelties, toys, and hobby goods. Vaughn Products Divisions manufactures and distributes gifts, novelties, and plush toys.

About the client

Vaughn Communications, Inc. was a Minneapolis, Minnesota, company founded as Vaughn Displays, Inc. in 1943. Its Products Division made and distributed gifts, souvenir leather goods and silk-screened T-shirts and sweatshirts under the Bloom Brothers and Indian Arts and Crafts names, selling mainly to gift and souvenir shops serving tourists.

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