Little Giraffe, Inc. acquired by Crosse+Partners

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Transactions

Little Giraffe, Inc. has been acquired by Crosse+Partners

Kerlin served as the financial advisor to Little Giraffe, Inc. in its sale to Crosse+Partners. Little Giraffe, headquartered in Los Angeles, California, designs, manufactures and markets branded, luxury baby blankets and related soft goods favored by celebrity parents for their unique softness and style. The shareholders of Little Giraffe retained Kerlin to assist with the sale of the business though a court-ordered sale process. Kerlin's "controlled auction" process enabled the shareholders to access strategic buyers and the private equity investment community on a highly targeted, expedited basis to maximize value while conforming to a fixed timeframe. Kerlin identified the ultimate buyer, Crosse+Partners, a Newport Beach, California private equity fund focused on control equity investments in middle market companies in the Southwest, for its ability to meet the accelerated time frame and ultimately close on an all-equity basis.