Jeffer Mangels Butler & Mitchell LLP (JMBM) is pleased to announce that Little Sleepies, LLC, a high-growth sleepwear company for children and adults, has received an equity investment from Cortec Group, a private equity firm with a successful track record of investing in branded consumer businesses.
“I was looking for an engaged partner with a proven track record of working with entrepreneurial management teams to build high-growth companies, including with real capabilities in digital marketing, new product introduction and global supply chain management,” said Maradith Frenkel, creator of Little Sleepies in a press release. “JMBM was a key contributor to the advisor team that helped to prepare Little Sleepies to navigate through a fast-track transaction process, providing round-the-clock service to help ensure a timely closing.”
JMBM partner Michael Steuch led the team representing Little Sleepies in the deal, with support from corporate associates Jonathan Sanabria and Michelle Choi and tax attorneys Ryan Nowicki and Alan Azar.
“We are pleased to have helped our client to achieve this excellent result,” said Steuch. “Under Maradith’s leadership, Little Sleepies delivers creative and quality products to a rapidly expanding customer base, and we expect that her new partners at Cortec Group will assist the company in through the coming stages of further growth.”
About JMBM’s Mergers & Acquisitions Group
JMBM’s Mergers & Acquisitions Group represents buyers, sellers and capital providers in a wide variety of mergers, acquisitions, divestitures and financings. The Group’s lawyers provide start-to-finish assistance with all aspects of structuring, negotiating, documenting and closing the deal. For more information, please visit www.jmbm.com.