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Article: Brown & Cole announces identity of investor.
- Article from:
- Bellingham Business Journal
- Article date:
- October 1, 2007
- Author:
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Hancock Park Associates is the California-based investment company in negotiations to take over the majority shareholder status of Brown & Cole Stores LLC, said Brown & Cole president Craig Cole.
The $40 million transaction will bring the company out of Chapter n bankruptcy, Brown & Cole president Craig Cole said.
Cole had been unable to reveal the identity of the investment company until now.
Hancock Park Associates is a private-equity investment firm based in Los Angeles. Representatives from the company could not be reached for comment, but according to its Web site, the firm focuses on investing in small- to mid-size manufacturing and retail ...