Lydell NYC operates as a fashion jewelry company. It offers necklaces, bracelets, earrings and rings. Lydell NYC sells its product primarily as private label to specialty retailers and department stores.
Triangle was engaged as exclusive advisor to the Company to optimize the exit of the founders.
We proved to client that the best opportunity was a recapitalization by showing them the entire range of opportunities in the market. We sourced mezzanine debt for no additional fee, to get the deal completed in the best possible way.
Founders realized significant cash proceeds as well as a tax efficient rollover of equity, allowing them to maintain an interest in the ongoing success of the Company. Triangle principals co-invested.