M&A Deal Summary

Enesco Acquires Gregg Gift Co.

On March 1, 2004, Enesco acquired manufacturer Gregg Gift Co. from Marwit Capital

Acquisition Highlights
  • This is Enesco’s 1st transaction in the Manufacturing sector.
  • This is Enesco’s 1st transaction in the United States.
  • This is Enesco’s 1st transaction in California.

M&A Deal Summary

Date 2004-03-01
Target Gregg Gift Co.
Sector Manufacturing
Buyer(s) Enesco
Sellers(s) Marwit Capital
Deal Type Add-on Acquisition

Target

Gregg Gift Co.

Irvine, California, United States
Gregg Gift Company manufactures licensed giftware products for Christian retail stores and chains, preeminent mass merchandisers such as Target, Wal-Mart, and Mervyns, catalogs, and general gift stores such as Hallmark. The Company’s principal product lines include bible covers, bookcovers, booklights and reading accessories, bookmarks, organizers, tote bags, jewelry, and home décor products.

Search 215,074 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Enesco

Itasca, Illinois, United States

Category Company
Founded 2007
Sector Distribution
DESCRIPTION

Enesco is a distributor of products to wide variety of specialty card and gift retailers, home décor boutiques, as well as mass-market chains and direct mail retailers. Enesco was founded in 2007 and is based in Itasca, Illinois.


DEAL STATS #
Overall 1 of 3
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 3
State: California M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2004 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-21 Country Artists

Stratford-upon-Avon, United Kingdom

Country Artists Limited manufactures and distributes giftware. It offers collectables, gift items, and home decor. The company’s catalogue includes border fine arts, lilliput lane, cherished teddies, beatrix potters, and country artists.

Buy -

Seller(S) 1

SELLER

Marwit Capital

Newport Beach, California, United States

Category Private Equity Firm
Founded 1962
PE ASSETS 200M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Marwit Capital Partners is a private equity group that targets West Coast based small company investments. Marwit generally invests $10 to $40 million of capital in businesses with $20 to $200 million of revenue. Marwit will consider both control and non-control situations. Prospective transactions include management buyouts, leveraged buyouts, corporate divestitures, recapitalizations, and expansion financings. Sectors of interest include manufacturing, business services, consumer products and services, healthcare services, food, food services, restaurants, and fanchising. Marwit is licensed as a SBIC. Marwit Capital was formed in 1962 and is based in Newport Beach, California.


DEAL STATS #
Overall 11 of 24
Sector: Manufacturing M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 10
State: California M&A 8 of 15
Country: United States M&A 10 of 23
Year: 2004 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-13 IndX Software

Aliso Viejo, California, United States

IndX Software Corp. developed sophisticated, Internet-enabled information solutions for enterprises and their supply chains. Its IndX HQ (XHQ) product extracted and transformed data from multiple, disparate back-end systems, aggregated and managed content, and distributed information to users in a visually expressive way.

Sell $40M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-05-01 H & W Foods

Kapolei, Hawaii, United States

H&W Foods, through its subsidiaries Palama Meat Company and H&W Distributors, is one of the leading meat processing and broad line food distributors in Hawaii.

Sell -