Goodwin attorneys recently advised Skip Hop, a creator and retailer of innovative and functional products for children, in its sale of a majority stake to Fireman Capital Partners, a consumer-focused growth equity firm. Terms of the transaction were not disclosed.
Skip Hop, founded in 2003 by Michael and Ellen Diamant, is based in New York City. The company is devoted to designing innovative products for discerning moms and dads. The company studies how families use existing parenting products and creates smarter, more innovative solutions that combine advanced functionality and modern design.
The Goodwin team advising Skip Hop was led by partner Tom Meriam and included Janet Andolina and Daniel Karelitz (tax), Alexandra Denniston (benefits), Al Solecki (labor and employment), Carl Metzger (insurance and litigation), and Joanne Gray (products liability).
More information about the transaction is available in the Fireman Capital Partners press release. The deal was featured in The New York Times and Dow Jones’ LBO Wire, among other publications.