Greenwich Capital Group LLC (“GCG”) is pleased to announce its role as the exclusive financial advisor to Harper Brush Works (“Harper”), a division of Horizon Global (NYSE: HZN), on its sale to AMES Companies, Inc. (“AMES”), a subsidiary of Griffon Corporation (NYSE:GFF). This transaction adds to GCG’s experience in the consumer products sector.
Harper is a leading U.S. manufacturer of cleaning products for professional, home, and industrial use. Harper is a leader in the push broom category for professional applications with distribution at Lowe’s, The Home Depot, industrial suppliers and other AMES distribution channels. Harper’s leadership role in push brooms allows AMES to expand into the category and build upon the success of the historic and well-known Harper brand and their experience in the cleaning category.
About Griffon Corporation
Griffon is a diversified management and holding company that conducts business through wholly-owned subsidiaries. Griffon oversees the operations of its subsidiaries, allocates resources among them and manages their capital structures. Griffon provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures. In order to further diversify, Griffon also seeks out, evaluates and, when appropriate, will acquire additional businesses that offer potentially attractive returns on capital.