Has been acquired by
Founded in 1987, by Eli Levite, Johnny Was (“JW”) is a fast-growing, high-end women’s apparel company. JW is embraced by free-spirited and confident women who are drawn to the company’s unique signature aesthetic: a juxtaposition between vintage and modern, reserved and unrestrained, traditional and innovative. Johnny Was consists of a collection of brands including Johnny Was Collection, JWLA, 3J Workshop, Biya, Pete & Greta, and 4 Love and Liberty.
Having experienced rapid growth in recent years, the Levite family (majority shareholders) were evaluating various strategic alternatives to take the company to the next level while simultaneously realizing a liquidity event. The shareholders strongly believed a partner with deep knowledge of running large consumer branded companies would be in the best position to help them capitalize on the company’s various growth opportunities.
We negotiated a transaction that addressed the objectives of multiple shareholders, including retention of a material ownership stake in the business.
“We were impressed
with the Hexagon team’s strategic advice and skills in negotiating and managing the diligence process. With their guidance, we were able to achieve a strong valuation and successful outcome for our team and shareholders.”
Flavor Infusion International, S.A.