August 2, 2007 – Dyno Merchandise announced today that it has acquired the assets of The Handmade Bow Company, Inc. The Handmade Bow Company sells florist quality handmade bows and ribbon to leading US retailers and in doing so has established a reputation for providing the highest quality bow products in the retail marketplace. “After 31 years of independent growth, we are pleased to have found a partner to take our product line forward and grow it with retailers across the US,” said Sandra Kean, Founder and President of the The Handmade Bow Company.
Jim Moynihan, President and CEO of Dyno Merchandise commented “We are excited to incorporate the florist quality Handmade Bow product line into the breadth of craft products Dyno currently provides to its retail partners. We look forward to growing and advancing the Handmade Bow product line in a way that will support and service the retail marketplace.” Mr. Moynihan added, “We are particularly thankful for the work of Bryant Park Capital, Inc., Aramar Capital Group, LLC, and Sovereign Securities, LLC for their diligent efforts on this successful transaction.”
About Dyno Merchandise
Dyno Merchandise is a leading supplier of sewing aides, craft tools, fashion art, and home products to mass merchants, drug stores, supermarkets and craft stores across the United States. Established in 1954 and headquartered in Pompano Beach, Florida, Dyno Merchandise is a portfolio investment of TG Capital Corp. This acquisition represents yet another Dyno add-on acquisition. Dyno continues to aggressively seek add-on opportunities which enable it to provide a broader quality product offering to its retail partners. For more information on Dyno Merchandise, please visit the Dyno website atwww.dynomerchandise.com.
Bryant Park Capital initiated this transaction and acted as financial advisor to The Handmade Bow Company, Inc. in connection with this transaction.