Foley Hoag Represents Mill Road Capital in its Acquisition of R.G. Barry Corporation
September 18, 2014
Foley Hoag represented Mill Road Capital, a Connecticut-based private investment firm focused on investing in publicly traded micro-cap companies, in its recent $215 million going-private acquisition of R.G. Barry Corporation. Blackstone Tactical Opportunities participated as an equity investor in the transaction alongside Mill Road Capital. R.G. Barry is now a private company approximately 50%-owned by Mill Road Capital and 48%-owned by Blackstone, with the remaining 2% held by a consortium of institutional investors. Golub Capital arranged the debt financing in support of the transaction.
The Foley Hoag team representing Mill Road Capital was led by Peter Rosenblum, Mark Haddad and Malcolm Henderson, with support from others at the firm, including Alex Khalarian, Adrienne Ellman, Diana Lo, Brendan Burke, Matthew Baltay, Theresa Martland and Kip Cawley.
Ohio-based R.G. Barry Corporation is a leading developer and marketer of accessory lifestyle brands and products that provide fashion and function for a great life. The Company offers products in three distinct segments of the accessory universe – footwear, handbags and foot care.
About Foley Hoag LLP
Foley Hoag provides innovative, strategic legal services to public, private and government clients across the globe. We have premier capabilities in the life sciences, healthcare, technology, energy, professional services and private funds fields, and in cross-border disputes. The diverse backgrounds, perspectives and experiences of our lawyers and business services professionals contribute to the exceptional service we deliver to clients ranging from startups to multinational companies to sovereign states. For more information, visit www.foleyhoag.com or follow @FoleyHoag on Twitter.