- Category: Deal Announcements
- Created: Wednesday, 25 October 2017 18:07
- Written by Craig Castelli
October 24, 2017
For Immediate Release
Caber Hill Advisors announced today that it assisted in a management buyout of Lorna's Laces, a Chicago-based wholesaler of artisanal yarn. Caber Hill advised the parties on valuation and secured the financing necessary to complete the transaction, which closed in July, 2017. At the request of the parties involved, specific transaction terms shall remain confidential.
Lorna's Laces is a leading wholesaler of hand-dyed, artisanal yarn to retailers all over the world. It's products are sold under both the Lorna's Laces and Mrs. Crosby's brands.
About Caber Hill Advisors
Caber Hill Advisors is committed to working with business owners and CEO's to successfully fulfill their personal and professional legacies. We serve small and middle market companies, in very specific verticals, who want to either sell a business or make an acquisition.