Monthly Archives: December 2016

Alex and Ani – A Jewelry Brand with a Socially Conscious Outlook

Alex and Ani pic

Alex and Ani
Image: alexandani.com

JH Partners is a San Francisco-based private equity firm that focuses on investments in consumer brands around the world. The company’s team capitalizes on decades of experience to expand sales opportunities and develop new markets for some of today’s leading brands. Alex and Ani is one of the trending personal style companies that has earned JH Partners’ confidence.

Alex and Ani creates jewelry attuned to the environment. The company’s designs reflect the simple elegance of the natural world and are crafted in the United States with an eco-conscious mindset that only allows the use of sustainable materials. Celebrities grace the covers of popular magazines like People, Palm Beach Illustrated, and OK! wearing Alex and Ani pieces.

CEO and Chief Creative Officer Carolyn Rafaelian is a former Ernst & Young Entrepreneur of the Year for the New England region, and she continues to build the brand with a dynamic artistic vision. With a focus on promoting corporate social responsibility, the brand contributes millions to philanthropic causes through its Charity by Design program. Alex and Ani also partners with Major League Baseball and several branches of the United States military through its affinity program.

JH Partners To Sell CHEFS Catalog To Target

SAN FRANCISCO, March 14, 2013 /PRNewswire/ — JH Partners, LLC, a private equity firm specializing in investing growth capital in consumer-focused companies, today announced it has agreed to sell its portfolio company CHEFS Catalog to Target Corp. (NYSE: TGT).  Financial terms of the transaction, which is expected to close within 30 days, were not disclosed.

CHEFS Catalog is a leading direct-to-consumer specialty retailer of top-rated cookware, bake ware, cutlery, kitchen tools and cooking utensils aimed at inspiring home chefs to create delicious and new recipes.  JH Partners acquired Colorado Springs, Colorado-based CHEFS Catalog from The Neiman Marcus Group, Inc. in 2004.

Upon completion of the transaction, Target will combine CHEFS Catalog with the acquired assets of Cooking.com to create a new, wholly-owned subsidiary of Target aimed at expanding the company’s presence in the growing cooking and kitchenware market.  Both brands will continue to operate under their current names.

“We’re delighted with the outcome of our work with CHEFS Catalog’s management team, led by Tim Littleton,” said Michael John, partner at JH Partners.  “CHEFS and the JH Partners teams have worked together to transform Chefs from a single channel catalog company into a true multichannel retailer of great cookware with exceptional revenue and margin growth driven by our online business.”

Janney Montgomery Scott and Perkins Coie advised JH Partners on the sale of CHEFS Catalog.

About CHEFS Catalog
CHEFS Catalog is a leading direct-to-consumer specialty retailer of top rated cookware, bake ware, cutlery, kitchen tools and cooking utensils aimed at inspiring home chefs to create delicious and new recipes.  Founded in 1979 and based in Colorado Springs, Colorado, CHEFS operates www.chefscatalog.com, and sells leading brands, including All-Clad®, Cuisinart®, Le Creuset®, KitchenAid®, Scanpan®, Wusthof® and more.

About JH Partners, LLC
Based in San Francisco, JH Partners, LLC, specializes in investing capital in growth-oriented, middle-market consumer products and services companies. JH Partners, LLC distinguishes itself among private equity firms with its decades of relevant operating experience among its professional investment team and the deep understanding of consumer markets that comes with the firm’s narrow investment focus.  Among the firm’s 24 current and past investments are such well-known brands as Bare Escentuals, J.McLaughlin, Frette, Alex and Ani, Design Within Reach, Jurlique, and Peet’s Coffee & Tea.  JH Partners manages approximately $1 billion in private equity commitments.  Additional information on JH Partners, LLC may be found at www.jhpartners.com.