Partner Benjamin M. Cooke and Associate Kelsey R. Holmberg led Hahn Loeser’s M&A team in the sale of Party Animal, Inc., a family-owned company, to Preserve Equity Partners. Located in Westlake, Ohio, Party Animal, Inc. is a designer and wholesaler of premium quality licensed toys, collectibles, drinkware, flags & banners, décor and more. The company maintained more than 20 licenses with premier sports and entertainment brands, including four major US professional sports and a number of college programs.
In addition to Cooke and Holmberg, the HLP M&A team included Partner Jonathan C. Wolnik (Tax, Structuring), Associates James P. Oliver (M&A) C. Daniel Miller (Tax) and Malek A. Khawam (Real Estate), and Paralegal Paige Evans. The company and its employees will remain in Ohio.
“It was a truly excellent experience working with Ben Cooke and the entire team at Hahn Loeser,” stated Bryan Cantrall, president of Party Animal, Inc. “They were extremely professional, experienced, and responsive through every step of my business sale process from the very beginning to the end. I always knew I was in great hands with the Hahn Loeser team,” he said.
Additional deal team members in this transaction include MelCap Partners, serving as the exclusive investment banker and financial advisor to Party Animal through the sale of the business, and Preserve Equity Partners, an independent sponsor firm that acquires and operates lower middle-market businesses across consumer, manufacturing, and industrial sectors.
Related News
Lucci Leads M&A Team in Sale of Beer Distributor
Cooke, M&A Team Represent Linden Polyurethane in Sale to Italian Company
