MidOcean Partners, Bruckmann, Rosser Sherrill and Management Complete totes Isotoner Recapitalization
NEW YORK, January 31, 2007 – MidOcean Partners (MidOcean) and Bruckmann, Rosser, Sherrill & Co., LLC (BRS), today announced the completion of the previously announced recapitalization of totes»Isotoner Corporation, a leading designer and marketer of branded functional accessories whose cold weather products, footwear, rainwear, and sunglasses are readily recognized throughout North America and Europe. The transaction is valued at approximately $288 million. MidOcean now owns a majority stake in the company, with BRS and the current...