Investment Summary

Hilco Consumer Capital and Hawthorn Equity Partners Exits Halston

On February 13, 2019, Xcel Brands invested in apparel/textiles company Halston from Hilco Consumer Capital and Hawthorn Equity Partners

Investment Highlights
  • This is Xcel Brands’ 2nd transaction in the Apparel/Textiles sector.
  • This is Xcel Brands’ 3rd transaction in the United States.
  • This is Xcel Brands’ 1st transaction in California.

Investment Summary

Date 2019-02-13
Target Halston
Sector Apparel/Textiles
Investor(s) Xcel Brands
Sellers(s) Hilco Consumer Capital
Hawthorn Equity Partners
Deal Type Add-on Acquisition

Target

Halston

Los Angeles, California, United States
Halston is an iconic luxury fashion brand. Throughout its history, Halston has launched some of the most influential fashion trends and inspired some of the most renowned creative designers in the fashion industry. Halston was founded in 1968 and is based in Los Angeles, California.

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Investor(S) 1

Investor

Xcel Brands

New York, New York, United States

Category Company
Sector Apparel/Textiles
Employees68
DESCRIPTION

Xcel Brands, Inc. is a designer and marketer of apparel consumer brands.


DEAL STATS #
Overall 3 of 4
Sector: Apparel/Textiles M&A 2 of 3
Type: Add-on Acquisition M&A Deals 3 of 4
State: California M&A 1 of 1
Country: United States M&A 3 of 4
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-17 C. Wonder

New York, New York, United States

C. Wonder LLC is a provider of a women's clothing, footwear, jewelry and accessories; housewares and home decor, great gifts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-05 Lori Goldstein

New York, New York, United States

Lori Goldstein provides multiple categories such as casual womenswear, outerwear, eyewear, jewelry, and activewear. Lori Goldstein was founded in 2009 and is based in New York City.

Buy -

Seller(S) 2

SELLER

Hilco Consumer Capital

Northbrook, Illinois, United States

Investor Investor


Category Private Equity Firm
Founded 2006
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Hilco Consumer Capital is a private equity firm that makes investments in North American consumer product retailers, wholesalers, manufacturers and intellectual property. Hilco specifically targets businesses with strong consumer brands. The Firm prefers control investments and typically commits $25 to $100 million of equity per transaction. Hilco Consumer Capital was formed in 2006 and has offices in Toronto and Northbrook, Illinois.


DEAL STATS #
Overall 9 of 9
Sector: Apparel/Textiles M&A 3 of 3
Type: Add-on Acquisition M&A Deals 8 of 8
State: California M&A 3 of 3
Country: United States M&A 9 of 9
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-12 Polaroid

Waltham, Massachusetts, United States

Polaroid is a provider of consumer products ranging from instant and digital still cameras, 4K high-definition TVs, mobile printers and accessories, apparel and more. Polaroid was founded in 1937 and is based in Waltham, Massachusetts.

Sell -
SELLER

Hawthorn Equity Partners

Chicago, Illinois, United States

Category Private Equity Firm
Founded 2005
Size Small
Type Sector Agnostic
DESCRIPTION

Hawthorn Equity Partners is a private equity firm focused on investing in growth-oriented, middle-market companies across North America. Hawthorn does not have any sector preferences and will invest in a variety of situations or business stages. Transaction situations include companies in need of growth capital, recapitalizations, family successions, special situations, carve-outs, and consolidations. Hawthorn Equity Partners is based in Chicago.


DEAL STATS #
Overall 10 of 10
Sector: Apparel/Textiles M&A 2 of 2
Type: Add-on Acquisition M&A Deals 7 of 7
State: California M&A 2 of 2
Country: United States M&A 5 of 5
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-22 GFL Environmental

Vaughan, Ontario, Canada

GFL Environmental is a diversified environmental services company providing a comprehensive line of solid waste, infrastructure & soil remediation, and liquid waste management services through its platform of facilities across Canada and in Southeastern Michigan. GFL has a workforce of more than 5,000 employees and provides its broad range of environmental services to more than 60,000 commercial and industrial customers and its solid waste collection services to more than 2.5 million households. GFL Environmental was founded in 2007 and is based in Vaughan, Ontario.

Sell -