May 2009 – Terry Bicycles for Women, Inc. (the “Company”) announced its sale to Elisabeth Robert.
BellMark Partners, LLC acted as the exclusive buy-side advisor to Elisabeth Robert in connection with the transaction.
Founded in 1985 by Georgena Terry, the Company is a leading international provider of women’s bicycles and cycling apparel.
Elisabeth Robert is the former President of The Vermont Teddy Bear Company. Under her leadership, The Vermont Teddy Bear Company became a national brand whose revenues increased from approximately $15 million to $75 million.
BellMark Partners, LLC is a boutique investment banking firm focused on providing advisory services to middle market and lower middle market companies in the consumer products, industrial, healthcare, and business services industries. BellMark Partners, LLC provides advice to family businesses, entrepreneurial or closely-held companies, private equity-owned companies, and small-cap public companies. Our services include: mergers and acquisitions, strategic alternatives reviews, restructurings, and valuation & fairness opinions. BellMark Partners’ founders have advised on more than 100 M&A and capital raising transactions, and previously worked as senior bankers for firms such KeyBanc Capital Markets, Inc., BankBoston Robertson Stephens, Fleet Securities, Inc. and Covington Associates LLC.