Feb 17, 2012 from newsrss
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Feb 17, 2012 from Beauty - Attraction
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Alexis Bittar, Leading Fashion Jewelry Brand, Enters into Partnership with TSG ...
23.02.12
NEW YORK, Jan 30, 2012 (BUSINESS WIRE) --
Alexis Bittar, the award winning designer, manufacturer and marketer of
premium fashion jewelry, announced today that it has entered into a
partnership with TSG Consumer Partners L.L.C. ("TSG"), a leading private
equity firm specializing in branded consumer companies. The partnership
enables the brand to continue to build its market share and extend its
product line, both in the U.S. and abroad. The terms of TSG's investment
in the company were not disclosed.
"I am delighted to welcome TSG as a partner and to have their expertise
to help us further develop our strategy and invest the necessary
resources for our future growth," said Alexis Bittar, founder and head
of the company that bears his name. Alexis Bittar continues to own a
substantial ownership stake in the company and will continue to lead the
business.
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