Twin Lakes Buys MacKenzie-Childs

Twin Lakes Capital has acquired MacKenzie-Childs, an Aurora, N.Y.-based maker and retailer of hand-painted ceramics, home decor and accessories. No financial terms were disclosed. MacKenzie-Childs was advised on the deal by Gruppo, Levey & Co.



Gruppo, Levey & Co. (“GLC”) announced today its role as exclusive financial advisor to MacKenzie-Childs, the Aurora, New York-based designer, manufacturer, and retailer of hand-painted ceramics, furniture, home decor and accessories, with respect to its sale to Twin Lakes Capital, a New York-based private equity firm. Terms of the deal were not disclosed.

“We're very pleased with our team's efforts in securing the sale of MacKenzie-Childs,” said Claire Gruppo, co-founder and managing director of GLC. “The sale proves that even in the current economy, with the right advice, companies with quality product and output can find attractive offers. MacKenzie-Childs will have a new owner, but will maintain its most important traditions.”

GLC held conversations with numerous parties who expressed interest in acquiring the company. The 25 year-old MacKenzie-Childs brand is known for its distinctive aesthetic, whimsical patterns and bright colors. MacKenzie- Childs sells its high-quality home products through its award-winning catalog, website, and to leading high-end third-party retailers/boutiques, as well as at its three company-owned stores.

“This transaction represents a winning outcome for all parties. It was important to our client that MacKenzie-Childs continue to operate at its Aurora headquarters. Twin Lakes, with ties to western New York, will continue to grow the brand and the business from Aurora,” said Antonia Ness, vice president of Gruppo, Levey & Co.

Gruppo, Levey & Co. is a leading private investment banking firm specializing in multi-channel retail, marketing services, media, and business- to-business (B2B) distribution. GLC provides sell-side and acquisition transaction services; raises growth capital and debt financing; advises companies, debtors, trustees and special committees on restructurings, recapitalizations and corporate reorganizations; and provides fairness opinions, due diligence and valuation services.

Over almost two decades, GLC has served as a trusted advisor to entrepreneurs, financial sponsors, corporate boards and family business owners in transactions encompassing many business segment including retailers selling in all channels, B2B marketers, targeted media firms, specialty publishers, database/analytics companies and online/lead generation businesses.