West Palm Beach, FL, February 2014: Comvest Partners is pleased to announce that BEL USA (“BEL”), a Comvest Investment Partners IV (“Comvest”) portfolio company, has completed its merger with Branders.com (“Branders” or the “Company”), an online distributor of customized promotional products, including wearables, bags, pens, drinkware and a variety of other printed items. The Company’s operations are based primarily in the Philippines.
“The merger of BEL and Branders creates a tremendous opportunity for our two companies. We are excited to work with the team at Branders and leverage its brand name to build one of the leading promotional products companies in the industry,” said Amin Ramjee, President and CEO of BEL.
Branders was advised on the transaction by Petsky Prunier and Cooley, while BEL was advised by McDermott Will & Emery.
About BEL USA:
BEL is a provider of customized promotional products, including drinkware, tote bags, pens, t-shirts and a variety of other printed items. Headquartered in Miami, FL, BEL sells to both corporate customers and consumers primarily through its online retail website at www.DiscountMugs.com.
Comvest Partners, with $1.2 billion of assets under management, provides flexible financing solutions to lower middle-market companies through its equity and debt funds, often meeting time-critical and complex funding requirements. Our firm includes seasoned, senior level operating executives who partner with managers and owners of companies to operationally improve businesses and create long-term value. Since 2000, Comvest has invested more than $1.8 billion of capital in over 125 public and private companies. Please visit www.comvest.com.