Harris williams & co. advises baby jogger in an equity
recapitalization by the riverside company
Richmond, va.--(business wire)--harris williams & co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces that baby jogger, llc (baby jogger), a leading designer and manufacturer of high performance strollers, has partnered with the riverside company (riverside). harris williams & co. acted as the exclusive financial advisor to baby jogger. the transaction closed on april 20, 2012 and was led by john neuner, brent spiller and chip duggins from the firm’s richmond office. “we are excited to help the baby jogger management team find a partner that shares their vision for the company’s future and tremendous growth opportunities. baby jogger is truly an innovative market leader, and we look forward to following the continued success of the business as they grow and expand the great infant and juvenile products platform they have built,” said john neuner, a managing director at harris williams & co. headquartered in richmond, va, baby jogger is a leading designer and marketer of branded infant and juvenile products focused on baby strollers, bicycle trailers, and related accessories. since its founding in 1984 as the original inventor of the jogging stroller, baby jogger has employed a disciplined focus on innovation, functionality and design to expand into a full line of award winning products that address a variety of consumer preferences and needs. the company has a proven track record of driving industry innovation and has emerged as the brand of choice in the infant and juvenile products category. prior to the recapitalization, baby jogger operated as a subsidiary of dynamic brands, a leading portfolio of consumer brands in the golf and juvenile industries. dynamic brands is a leader in the development of innovative and high quality products that are marketed in more than 50 countries. beyond baby jogger, its portfolio of brands includes bag boy®, slotline®, burton®, datrek®, devant®, sir christopher hatton®, miller golf® and amf® golf. dynamic brands is headquartered in richmond, va. riverside is a global private equity firm focused on acquiring growing businesses valued at up to $200 million (€200 million in europe). since its founding in 1988, riverside has invested in more than 280 transactions. the firm’s international portfolio includes more than 80 companies, and it has more than $3 billion/€2.5 billion in assets under management. harris williams & co. (www.harriswilliams.com), a member of the pnc financial services group, inc. (nyse:pnc), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide. the firm has deep industry knowledge, global transaction expertise, and an unwavering commitment to excellence. harris williams & co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements, and capital markets advisory services. investment banking services are provided by harris williams llc, a registered broker-dealer and member of finra and sipc, and harris williams & co. ltd, which is authorized and regulated by the financial services authority. harris williams & co. is a trade name under which harris williams llc and harris williams & co. ltd conduct business. for general release inquiries, please contact kimberly baker, marketing director, at +1 (804) 648-0072.
