High-End Women’s Apparel Company, Searle™ Seeks Buyer to Exit Bankruptcy
Three Twenty-One Capital Partners, LLC (321 Capital) announced today that it has been court appointed to sell the well-known, high-end women’s apparel company, Searle™/Tom Jones Inc., which operates under the brand name Searle, as an entirety or in parts, through the U.S. Bankruptcy Court of the State of New York.
This jointly administered bankruptcy case allows an investor/buyer the opportunity to acquire a brand 30 years in the making, with or without the turn-key manufacturing and retail operations. Other value added intellectual property such as the online store can be turned into “money makers” in the hands of a better capitalized investor/buyer. Ownership has 50+ years in the fashion industry and can stay on if the new investors/owners prefer their participation.
Three Twenty-One Capital Partners LLC, headquartered in Baltimore, Maryland, is an international investment banking firm with over 30+ years of experience investing, owning, operating, buying, selling, and consulting over 400 companies, mostly in manufacturing and distribution. 321 Capital Partners provides solutions to middle market businesses including merger, acquisition, sale, equity or debt financing, and turn-around management. 321 Capital Partners’ principals are industry experts having owned, operated, bought and sold companies across virtually every spectrum of the manufacturing world.