D.A. Davidson Serves as Financial Advisor to Ju-Ju-Be International in Securing a Growth Investment from Bregal Partners
February 13 2018 - 10:45AM
Business Wire
D.A. Davidson & Co. has served as exclusive financial
advisor to Ju-Ju-Be International, a leading provider of premium
diaper bags, backpacks and accessories, in securing a growth
investment from Bregal Partners, a leading middle-market private
equity firm. The investment was made in partnership with the
Company’s founders, Joe Croft and Kristin Hunziker, who remain
significant shareholders in the business.
The investment in Ju-Ju-Be allows Bregal the opportunity to
partner with one of the hottest, fastest growing brands in the
infant and juvenile category. Together, Ju-Ju-Be and Bregal will
continue to build on core categories, explore new product
opportunities and offer high quality products that are both
functional and fashionable for parents.
“Joe, Kristin and the rest of the Ju-Ju-Be team have built one
of the few truly aspirational brands in the infant and juvenile
category,” said Joe Schimmelpfennig, managing director at D.A.
Davidson. “Having worked with many other brands in the category, we
can truly say we’ve never seen anything like the passion and
loyalty they’ve built among their Pink Lady community. We’re
incredibly pleased to have advised Ju-Ju-Be in this stage of their
growth and look forward to the company’s continued success in
partnership with Bregal.”
The transaction team was led by Joe Schimmelpfennig and Dan
Friedman who also led the D.A. Davidson team that recently advised
Sassy on its sale to Crown Crafts. Both transactions demonstrate
D.A. Davidson’s deep understanding of the infant and juvenile
products category and longstanding relationships with the leading
companies in the industry.
“D.A. Davidson played a key role in ensuring the success of this
transaction,” said Joe Croft. “The Davidson team was by our side
throughout the process and we’re looking forward to finding
opportunities to work with them in the future.”
The transaction represents another successful closing for D.A.
Davidson’s investment banking group. Since the start of 2015,
members of D.A. Davidson’s Consumer investment banking team have
advised on 35 completed transactions.
D.A. Davidson & Co.’s investment banking division is a
leading full-service investment bank that offers comprehensive
financial advisory and capital markets expertise. The group has
extensive transaction experience serving middle market clients
worldwide across five industry verticals: consumer, diversified
industrials, financial institutions, real estate and
technology.
About D.A. Davidson Companies
D.A. Davidson Companies is an employee-owned financial services
firm offering a range of financial services and advice to
individuals, corporations, institutions and municipalities
nationwide. Founded in 1935 and headquartered in Montana, with
corporate offices in Denver, Los Angeles, Portland and Seattle, the
company has more than 1,340 employees and offices in 26 states.
Subsidiaries include: D.A. Davidson & Co., the largest
full-service investment firm headquartered in the Northwest,
providing wealth management, investment banking, equity and fixed
income capital markets services and advice; Davidson Investment
Advisors, a professional asset management firm; D.A. Davidson Trust
Company, a trust and wealth management company; and Davidson Fixed
Income Management, a registered investment adviser providing fixed
income portfolio and advisory services.
For more information, visit www.dadavidson.com or Twitter:
@DADavidsonCo.
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Prosek for D.A. DavidsonEmily Roy, 212-279-3115 ext.
232eroy@prosek.comorD.A. DavidsonJacquie BurchardOffice:
406-791-7465Cell: 406-868-1392jburchard@dadco.com