Carter’s, Inc.’s $140 million acquisition of Skip Hop, Inc. from Fireman Capital


McDermott Will & Emery acted as legal advisor to private equity firm Fireman Capital and portfolio company Skip Hop, Inc. on the latter’s sale to Carter’s, Inc. for $140 million in cash plus future incentives.

Boston-based Fireman Capital acquired a majority stake in SkipHop in November 2013. Skip Hop is one of the fastest growing global providers of branded products and accessories for parents, babies and children. The company, founded in New York City in 2003, sells its products in more than 5,000 retail shops in over 60 countries including the US and Canada.

The acquirer, Carter’s, based in Atlanta, is the largest branded marketer of apparel and related products for babies and young children. It owns the Carter’s and OshKosh B’gosh brands.

Harris Williams & Co. served as the exclusive financial advisor to Skip Hop.

J.P. Morgan Securities LLC acted as financial advisor and King & Spalding LLP acted as legal counsel to Carter’s in connection with the transaction.

The McDermott Will & Emery team representing Fireman Capital Partners and portfolio company Skip Hop, Inc. was led by corporate partners Todd Finger (picture) and Frank Steinherr with assistance from corporate partner Lindsey Reighard; tax partners Dan Zucker and Tom Young; real estate partners Elias Eliopoulos and Dan Martin; finance partner Adam Spiegel; executive compensation and labor, employment and benefits partners Maureen O’Brien and Joe Urwitz; antitrust partner Carla Hine; environmental partner Daphne Trotter; intellectual property partner Jorge Arciniega; litigation partner Todd Harrison; intellectual property counsel Jason Yu; executive compensation and labor, employment and benefits associate Ashley McCarthy; and corporate associates Scott Regan and Nicole Yoon.

Involved fees earner: Todd Finger – McDermott Will & Emery; Frank Steinherr – McDermott Will & Emery; Lindsey Reighard – McDermott Will & Emery; Scott Regan – McDermott Will & Emery; Nicole Yoon – McDermott Will & Emery; Dan Zucker – McDermott Will & Emery; Tom Young – McDermott Will & Emery; Elias Eliopoulos – McDermott Will & Emery; Daniel Martin – McDermott Will & Emery; Adam Spiegel – McDermott Will & Emery; Maureen O’Brien – McDermott Will & Emery; Joseph Urwitz – McDermott Will & Emery; Ashley McCarthy – McDermott Will & Emery; Carla Hine – McDermott Will & Emery; Daphne Trotter – McDermott Will & Emery; Jorge Arciniega – McDermott Will & Emery; Jason Yu – McDermott Will & Emery; Todd Harrison – McDermott Will & Emery;

Law Firms: McDermott Will & Emery;

Clients: Fireman Capital Partners;

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Author: Ambrogio Visconti