Represented American Political Network the leading on-line provider of comprehensive, real-time non-partisan political news briefings in its asset sales. The Hotline, American Health Line, Greenwire, and PoliticsUSA were sold to the National Journal, a division of The Times Mirror Company. Digital Sports Network, the first on-line news source focused on the business aspects of the U.S. sports industry was sold to management.
Our clients, Atlantic Street Capital and its portfolio company, Alex Apparel Group, Inc., have completed the acquisition of the target company we identified, Sally Lou Fashions. This transaction positions Alex as an industry leader in both better- and moderate-priced daytime and social occasion dresses. Avalon Net Worth also introduced the Group’s new senior lender pursuant to a full recapitalization of the combined companies.
* Indicates transactions were completed by Avalon Net Worth senior executives while employed at previous firms