Clarion Capital Partners Receives Consumer Restructuring of the Year Award
New York, May 24, 2016 – Global M&A Network honored Clarion Capital Partners (“Clarion”) for its acquisition of Reed & Barton at the 8th Annual Turnaround Atlas Awards Gala that took place in New York City on May 17, 2016. Lenox Corporation (“Lenox”), a Clarion portfolio company, acquired Reed & Barton in April 2015. Lenox’s acquisition and reorganization of Reed & Barton earned Clarion the Consumer Manufacturing Restructuring of the Year award.
“We are pleased with Lenox’s progress with the Reed & Barton brand since we acquired it in 2015,” said Thomas Goundrey, Managing Director at Clarion. “Reed & Barton has not only strengthened our position in upscale flatware, but has extended our distribution with independent retailers as well. We congratulate both the Lenox and Clarion teams in integrating Reed & Barton and we look forward to Lenox’s continued success.”
About Lenox Corporation
Lenox Corporation is America’s leader in designing and marketing high quality tabletop, giftware, and collectibles products. Additional information on Lenox can be found at www.lenox.com.
About Clarion Capital Partners, LLC
Clarion Capital Partners is a New York based middle market private equity firm. Clarion invests in growing companies in a variety of industries including Business Services, Healthcare Services, Consumer Products, Specialty Retail, Media & Entertainment, and Specialty Financial Services. Additional information on Clarion can be found at www.clarion-capital.com.
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