Portfolio
Making Memories
Making Memories manufactures craft and scrapbooking supplies. Its products include albums, embellishment papers, hard embellishments, kits, soft embellishments, stickers, publications, tools, collections, stamps, ribbons, paints, and organization and storage products. The company distributes its products through craft retailers, independent scrapbook and craft stores, and specialty retailers.
| FUND | INITIAL DATE OF INVESTMENT | EXIT YEAR |
|---|---|---|
| Fund II | January-2003 | May-2005 |
Industry
Consumer
Company Website
Press Articles
Utah-Based Peterson Partners Recognized with Honorable Mention as Buyouts Magazine Names 2005 Deals of the Year
April 13, 2006, SALT LAKE CITY. April 13, 2006 . Peterson Partners, a 10-year-old private equity firm in Salt Lake City, was recently recognized with an honorable mention by Thomson Financial.s Buyouts magazine when it recently announced its 2005 Deals of the Year. The recognition, which honors the top investment deals of the past year, is the result of Peterson Partners. involvement in the nearly three-year acquisition and exit of Making Memories, a well-known scrapbook company based in Centerville, UT.
Peterson Partners Sells Making Memories to Advent International Completing Their Investment in Making Memories
May 10, 2005, Salt Lake City, UT. Peterson Partners announced it has sold its investment in Making Memories to Advent International. The announcement was made by Jordan Clements, managing partner of Peterson Partners. The transaction will provide liquidity to existing shareholders and support management.s rapid growth strategy.
Peterson Partners Closes Making Memories Acquisition
July 7, 2004, Salt Lake City, UT. Peterson Partners, a leading Salt Lake City based private equity firm, announced today that it has closed its acquisition of all of the outstanding shares of Making Memories Wholesale, Inc. In January of 2003, Peterson Partners acquired 80% of Making Memories. stock from its founder, Bridgette Server. With Peterson.s recent acquisition of the remaining 20% held by Ms. Server, Peterson now owns the entire company.
Peterson Partners Announces Closing of $120 Million Fund
May 6, 2008 - Peterson Partners, a leading Intermountain West investment firm, has announced the closing of Peterson Partners V, an investment fund totaling $120 million in capital commitments.