ADVISER TO SKI TOTE USA, LLC
Grand Avenue Capital assisted the shareholder of Ski Tote USA, LLC to sell its Ski Tote and Sno Zone Divisions to a private, confidential investor. Ski Tote was founded in the mid-1970s and produces a well known and widely accepted ski accessory (Ski Tote) as well as a line of StormKloth (a proprietary textile) sportswear for skiing, hunting, fishing, and other winter outdoor hobbies. The company produced socks, gloves, jackets, pullovers, balaclavas, and hats.
Ski Tote marketed its products exclusively through 31 independent sales representatives in the USA and a distributor in Canada. This rep organization sold to over 1,100 retailers.
Grand Avenue managed this transaction, providing valuation and other financial advisory services to the shareholder of Ski Tote, managed the world-wide search for investors (including strategic and financial), and negotiated a transaction between the parties.
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.