NEW YORK, Aug. 6, 2012: Howard Berger Company (HBC), a leading designer, marketer and supplier of branded and private label hardware and houseware-related products to North American retailers and wholesalers, has secured an investment from Greenwich, CT-based private equity firm Littlejohn & Co., LLC. Terms of the transaction were not disclosed.
The 40-year old Cranbury, NJ-based HBC sells 13,500 products across 25 product categories to leading retailers, discount stores, home centers, wholesalers, drug and food chains, catalog companies, municipalities and hardware stores. Littlejohn & Co. was attracted to the investment due to HBC's well diversified business model, strong customer base and solid growth potential.
Morgan Lewis served as legal advisor to HBC on the transaction. The Morgan Lewis deal team was led by Business & Finance partners Jonathan Morris and Christopher Owens and included Business & Finance associates Danielle Davis, Frederick Schaudies and Brandon Fleischman.
For more information, please see the company's press release.