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CCG Advisors today announced the completion of a deal by
its client, Kids II, one of the world’s fastest-growing
infant and toddler products companies, through which
Kids II has licensed the intellectual property rights of
Taggies.
Originally created as plush security blankets with satin
loops, Taggies has developed into a children’s lifestyle
brand offering plush toys, apparel and accessories in
addition to its signature security blankets.
Kids II and its management team, including CEO
Ryan Gunnigle and CFO Mark Henry, were represented by
CCG Advisors, a merger and acquisition firm based in
Atlanta.
Headquartered in Atlanta, Kids II has been inventing and
reinventing infant and toddler toys and gear for more
than 40 years.
Kids II spans the globe with operations in six
continents serving customers in more than 70 countries.
Kids II designs, markets and distributes more
than 100 products under its signature Bright StartsŪ
brand and holds a license to design and manufacture
products under the Disney Baby, Baby Einstein, Rhino
Toys and now Taggies brands.
CCG was retained by Kids II to accelerate Kids II's
already enviable growth rate.
“The people at
CCG were an enormous help with the deal. For the first
time in our history we were looking to enhance our
growth through a brand acquisition and we needed to have
people on our team that deal with not only the numbers
but the issues business owners have to confront when
buying or selling a business so we could move the
process forward,” said Ryan Gunnigle, president and CEO
of Kids II.
“We
are always exploring, identifying and going after the
next big opportunity to take us to the next level and
continue the significant growth we have been
experiencing,” said Gunnigle.
“Partnering with Taggies will expand and enhance
our current family of brands and help bring even more
Kids II product to families around the globe.”
As the Kids II brands continue to gain exposure and
retail placement, the company seeks new ways to
strengthen its global presence, attract new customers,
and build its brands. The addition of Taggies supports
this pattern of growth and smart business decisions. The
new brand offers elements that enhance the Kids II
collection of forward-thinking products.
Kids II is very optimistic that sales will exceed
forecasts based upon the great reception by their mass
merchandiser clients.
CCG Advisors (www.ccgadv.com)
is an Atlanta-based merger and acquisition firm
specializing in advising owners of privately held
companies on business valuation, strategic growth
planning, capital alternatives and exit strategies.
CCG represents business owners nationally and across all
lines of industry in the sale, recapitalization or ESOP
of their companies. The referrals and goodwill of
our clients are a testament to CCG’s record of building
real and lasting client relationships. CCG is
committed to helping clients to achieve their personal,
financial and business goals at the right time for
maximum value.
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