Goodwin advised Charlesbank Capital Partners, LLC, a middle-market private equity firm, in its definitive agreement with Investcorp to acquire promotional products provider Polyconcept and in the related acquisition debt financing. Equity for the transaction will be provided by Charlesbank, management and certain other investors.
Based in Boston and New York, Charlesbank Capital Partners is a middle-market private equity investment firm managing more than $3.5 billion of capital. Charlesbank focuses on management-led buyouts and growth capital financings. The firm seeks to partner with strong management teams to build companies with sustainable competitive advantage and excellent prospects for growth.
Polyconcept is the world's largest supplier of corporate and promotional merchandise, operating on five continents and selling to over 100 countries around the globe. With main offices in the U.S., Europe, Hong Kong, Canada and China, the company supplies a wide range of promotional, lifestyle and gift products to several hundred thousand companies ranging from small enterprises to global corporations, through a network of advertising specialty distributors.
The Goodwin team representing Charlesbank was led by partners James Curley (Private Equity) and Fredrich Lim (Private Equity; Debt Financing), counsel Joseph Bernardi (Private Equity) and partner William Whitledge (Tax).
For more information on the transaction, please view Charlesbank’s press release.