PR Newswire October 23, 2012
PROVIDENCE, R.I., Oct. 23, 2012 /PRNewswire/ — Alex and Ani, LLC, a rapidly growing lifestyle brand and specialty retailer, today announced that JH Partners, LLC, a private equity firm specializing in investing growth capital in consumer-focused companies, has acquired an interest in the company. Financial terms were not disclosed, although the investment is believed to be one of the largest in its category this year.