Walter Drake has been sold to Jackson Acquisition Co. LLC
December 30, 2001 - Tully & Holland is pleased to announce another successful sell-side M&A assignment. The firm represented Foster & Gallagher in the sale of Walter Drake and The Home Marketplace to Jackson Acquisition Co. LLC, a company formed by private equity firm, Jesse.Hansen & Co. Walter Drake and The Home Marketplace sell kitchen gadgets, affordable home décor, and gardening care products under the specialty cataloger, Foster & Gallagher. Jesse.Hansen & Co. is a California-based consumer-focused private equity firm.
About the client
Walter Drake was a direct mail catalog company founded by Walter Drake in 1947 in Colorado Springs, Colorado. It sold housewares, gifts and hard-to-find household items through the Walter Drake catalog and its companion title, The Home Marketplace.
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