News
BCLP represents Enesco in two major transactions
Jan 27, 2023An extensive cross-firm, multi-practice team from international law firm BCLP advised Enesco, a portfolio company of firm client Balmoral Funds, in connection with two recent transactions.
The first transaction was structured as a sale of 100% of the equity of Enesco Holdings, LLC, a collectibles designer and distributor, to Ad Populum, LLC. Ad Populum owns NECA, a leading manufacturer and distributor of licensed collectible items, among other companies and brands. Atalaya Capital Management LP is an investing partner of Ad Populum.
This transaction signed and closed on Dec. 31, 2022. BCLP’s Corporate Transactions team was led by Michael Schwartz, Aristotle Butler and Luke Tepen.
The second transaction was structured as a sale of substantially all of the assets of Enesco Properties, LLC (doing business as Things Remembered) related to its non-retail store business to an affiliate of 1-800-FLOWERS.COM, Inc.
The Things Remembered transaction signed and closed on Jan. 10, 2023. This BCLP Corporate Transactions team was led by Michael Schwartz, Dylan Fehl and Taylor Flynn.
The terms of both deals are confidential.
The BCLP team supporting these two transactions consisted of Bart Wall and Joe Babitz (Finance Transactions); Jennifer Stokes and Randy Scherer (Employee Benefits); Anthony George and Sara O’Keefe (Employment & Labor); Jessica Edwards and David White (Tax); Ken Achenbach and Aaron Lapniewski (Insurance); Jake Crabtree (Corporate Finance); Joe Robertson and Thea Hromadka (Real Estate); Mark Paskar and David O’Steen (Intellectual Property); Megan Barnhill (Trade Compliance); Christian Auty and Paul Sudentas (Privacy); Brian Walsh and David Unseth (Bankruptcy); Brandon Neuschafer (Environmental); Benjamin Lee, Lillian Adebayo, Constantin Achillas, Wayne Ma, Marzale Fosdick, Andrea Legette-Toovey and Anissa Madrill (Corporate Transactions); and Tiffany Tam (Real Estate), among others.
