BB&T Capital Markets Serves as Exclusive Financial Advisor to Charles Products, Inc. in its Sale to Kian Capital
On December 14, 2018, Charles Products, Inc. (“Charles Products”) received an investment from Kian Capital. BB&T Capital Markets served as the exclusive financial advisor to Charles Products.
About the Companies
Charles Products is a leading specialty designer and supplier of custom and stock merchandise to prominent tourist attractions both domestically and internationally. The Company offers customers a one-stop-shop solution for the broadest and highest quality selection of souvenirs and gifts in the industry with unique custom design capabilities through its best-in-class art department.
Kian Capital, an investment firm with over $425 million of capital under management, provides transformative capital solutions to established lower middle-market companies, often serving as the first institutional capital provider to closely held businesses. Kian Capital has the flexibility to participate in all forms of junior capital, including common stock, preferred equity and subordinated debt. Kian Capital’s investments typically incorporate both equity and subordinated debt and can act in either a control or non-control capacity. Kian Capital has offices in Atlanta, GA and Charlotte, NC.
About BB&T Capital Markets
BB&T Capital Markets offers an integrated platform of equity and debt underwriting, M&A advisory, corporate banking, and sales and trading. Headquartered in Richmond, VA, with offices throughout the US, we have specific expertise within 10 distinct industry verticals including Automotive Aftermarket; Commercial & Industrial; Education; Energy; Financial Services; Food & Agribusiness; Healthcare; Logistics & Transportation Services; Real Estate; and Retail & Consumer. Our commitment to industry expertise, combined with our resources as one of the nation's strongest financial institutions, strategically positions BB&T Capital Markets to build lasting relationships and contribute measurably to the long-term success of our clients.