Factory Card Outlet is a leading chain of company-owned superstores offering a vast assortment of party supplies, greeting cards, gift wrap and other special occasion merchandise at everyday value prices. Over a five year period, Avalon represented this private company in four private subordinated debt and equity placements, worked with management to prepare for its initial public offering and provided various financial advisory services, including acquisition analysis and valuing the Company's warrants and employee stock options.
Worked as the sole placement agent for Frederick's of Hollywood Group Inc to raise a total of $3mm in common stocks with warrants with several institutional investors and current shareholders. Proceeds used for general working capital and corporate purposes.
* Indicates transactions were completed by Avalon Net Worth senior executives while employed at previous firms