Succession Capital has acquired Left Hand Studios (DBA Sienna Sky Jewelry), a manufacturer and distributor of fashion jewelry.
Sienna Sky Jewelry distributes its fashion jewelry products, primarily earrings and necklaces, across the US under the Sienna Sky and Adajio Collection product lines. The company’s 650 products are sold online and through gift shops and boutique stores. The company was founded in 1994 and is based north of Denver in Longmont, CO (www.lefthandstudiosllc.com).
“Sienna Sky’s greatest strength lies in the creativity and uniqueness of its product designs. The constant evolution of its lines has allowed the company to develop a dedicated, diverse network of customers across the United States,” said Mathew Burpee, Lynx Vice President – Western Canada. “Despite its rapid growth, Sienna Sky has stayed true to its values, focusing on local manufacturing and using high-quality materials. We are confident that Sienna Sky will continue to be a market leader and look forward to working with its team.”
Succession Capital, a subsidiary of Lynx Equity Limited, seeks to acquire small to medium-sized businesses from owners looking to retire. Succession targets transactions requiring between $2 million and $8 million of equity. The firm is based in La Jolla, CA (www.succession-capital.com).
© 2014 PEPD • Private Equity’s Leading News Magazine • 8-26-14
