ADVISER TO BLUELOUNGE ENTITIES
Grand Avenue Capital was engaged by the shareholders of Bluelounge Pte Ltd. and Bluelounge Distribution LLC to sell these electronics accessories companies. The companies have locations in Jakarta, Indonesia and Pasadena, California. The Companies produce award-winning products for cable management and the related consumer products industry, selling in over 40 countries. The Companies straddle the huge consumer products, housewares, and computer peripheral hardware industries.
Grand Avenue initially sought a financial investor to acquire the company and then held discussions with a number of strategic candidates in Europe, Asia, South America and the USA. Ultimately, the Company was sold to the industry leader and consumer products innovator Advantus Corporation of Jacksonville, Florida.
About Grand Avenue Capital Investment Bankers
Grand Avenue Capital is an investment banking firm focusing on middle-market merger / acquisitions (both buy-side and sell-side engagements), private placements of capital for growth opportunities, valuations and strategic investment advisory services in various industry sectors. Grand Avenue Capital's culture embraces teamwork, tenacity, perseverance and creativity to provide our domestic and international clients exceptional value, delivering skillful positioning and relentless execution. Grand Avenue Capital becomes a trusted adviser to its clients.
Based in Pasadena, California and Chicago, Illinois, Grand Avenue Capital augments its international capabilities through its active participation in One to One Corporate Finance, an exclusive global alliance of M&A advisory firms.