Harris Williams & Co. Advises Hanna Andersson Holding Corporation on its Sale to L Catterton

August 2, 2016

Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide for 25 years, announces that it served as a financial advisor to Hanna Andersson Holding Corporation (Hanna Andersson) on its sale to L Catterton. Hanna Andersson is a leading omni-channel provider of branded childrenswear to a loyal and passionate base of consumers. The transaction was led by John Neuner, Brent Spiller, Corey Benjamin, Zach England and Zach Ledwith of Harris Williams & Co.’s Consumer Group.

“We are very excited to have represented Hanna Andersson in its sale to L Catterton,” said John Neuner, a managing director at Harris Williams & Co. “Under the leadership of CEO Adam Stone, Hanna Andersson has grown from a highly successful catalog brand to one of the most prominent and fastest growing omni-channel brands in the children’s apparel industry. We are delighted to have found a great new partner in L Catterton that shares management’s vision for where they can take the brand both domestically and internationally.”

“This transaction marks an important milestone in the continued growth and expansion of our firm’s leadership position in the infant and juvenile and lifestyle brand sectors,” added Brent Spiller, a managing director at Harris Williams & Co. “We look forward to many more successful transactions with global lifestyle brands with a passionate consumer following such as Hanna Andersson.”

Hanna Andersson was founded in 1983 and is a leading premium children’s apparel and lifestyle brand. Hanna Andersson is known for its iconic, premium and globally recognized products with superior quality, classic styling and unique designs that “let kids be kids.”  The company’s products are geared for babies, boys and girls, ages newborn to 12 years. Hanna Andersson goes to market through a seamlessly connected omni-channel model by direct marketing/catalog, e-commerce and over 60 retail locations. 

Harris Williams & Co. (www.harriswilliams.com), a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide.  The firm has deep industry knowledge, global transaction expertise and an unwavering commitment to excellence.  Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.

Harris Williams & Co.’s Consumer Group has completed more than 50 transactions in recent years across a variety of verticals, including branded consumer products; consumer services; food, beverage and agribusiness; and restaurant and retail.  For more information on Harris Williams & Co.’s Consumer Group and other recent transactions, visit the Consumer Group’s section of the Harris Williams & Co. website.

Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is authorized and regulated by the Financial Conduct Authority.  Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business.