HKW acquires Urban Armor Gear
Summary
Hammond, Kennedy, Whitney & Company Inc has acquired Laguna Niguel, California-based Urban Armor Gear LLC , a maker of branded, patented, and rugged protective cases for mobile phones, laptops, and tablets.Indianapolis, IN – Hammond, Kennedy, Whitney & Company, Inc. (“HKW”), a private equity firm focused on making investments alongside talented managers in the middle market, announced last week that it closed on the acquisition of Urban Armor Gear, LLC (“UAG” or “Company”).UAG, headquartered in Laguna Niguel, CA, is a designer and manufacturer of branded, patented, and rugged protective cases for mobile phones, laptops, and tablets.Our unique partnership with HKW provides the means to fuel our continued growth while our management team focuses on building the brand, innovating new products, and expanding our global supply chain.”Additionally, the business generates exceptional free cash flow while also having non-cyclical consumer demand for its products,” Chris Eline, Principal at HKW added.