ABOUT THE COMPANY:

Life+Gear was initially established to address the market demand for emergency preparedness products in the aftermath of Hurricane Katrina. After its initial success in personal consumer “safety packs”; Life+Gear entered the new and growing market for LED flashlights by incorporating patented features into its unique designs. Life+Gear went on to create a line of camping accessories and a unique fire safety technology that has been embedded into a line of fire safety nightlights.

SITUATION:

After a series of growth equity investments backing Life+Gear’s original founders, an interim management team was installed by G2 to drive profitability. The interim management team was engaged to manage pricing with clients, enhance sourcing from China, and stabilize the business with a headcount reduction. These restructuring initiatives have proven Life+Gear’s profit and growth potential by refining Life+Gear’s product strategy and dramatically improving the company’s operational capabilities.

ENGAGEMENT:

G2 served as the exclusive sell-side advisor to Life+Gear, responsible for running a robust, hands-on sale process, which ultimately resulted in a sale to a high-net-worth individual as the ideal equity partner for the business to assist in pushing forward its growth strategy.

OUTCOME:

The transaction was successfully executed through a sale to a high-net-worth individual.

DEAL TEAM:

TAGS:

Exclusive Financial Advisor

Industrials & Manufacturing

Operational Revitalization

MORE LIKE THIS

Exclusive Financial Advisor

Image

has received a growth capital investment from BBH Capital Partners

Exclusive Financial Advisor

Image

a portfolio company of Dubin Clark has been refinanced by a subsidiary of Emigrant Bank

Exclusive Financial Advisor

Image

Phase 1 Strategic Assessment  

Exclusive Financial Advisor

Image

has been acquired by TPS Group Holdings, LLC. through a Chapter 11 Section 363 Sale Process

Exclusive Financial Advisor

Image

received growth capital

Exclusive Financial Advisor

Image

ABL Revolver & Long Term Loan Financing from PNC Bank and Energy Impact Partners

Exclusive Financial Advisor

Project Affix

Phase 1 Strategic Assessment

Exclusive Financial Advisor

Project Air

Phase 1 Strategic Assessmment and Operational & Financial Restructuring

Exclusive Financial Advisor

Project Fleece

Phase 1 Strategic Assessment & Financial Restructuring & Sell-Side

Exclusive Financial Advisor

Project Iron Hoop

Phase 1 Strategic Assessment

Connect With Us.

Image
Homepage Contact
Services of Interest