Century Park listened to the goals of the owners and realized that a leveraged recapitalization could be a more beneficial transaction structure for all of those involved. The owners of the company sought to diversify their assets, but believed strongly in the potential for continued growth and success of Kidsline. Century Park worked cooperatively to structure a transaction whereby the owners were able to take a significant amount of capital off the table while maintaining a majority ownership position in the company. The owners chose this option over other proposals because it gave them the opportunity to remain involved in the business and to participate in the next stage of growth in partnership with Century Park. The relationship that developed between the owners and Century Park was the key to forging the transaction and a close working arrangement. The owners were confident that Century Park was exactly the type of partner they wanted and could trust to bring the business to the next level.
After the transaction was consummated, Century Park and management worked together to implement key initiatives to accelerate the company’s growth. Over the next three years, Kidsline’s revenues, EBITDA, profit margins and market position improved substantially. Ultimately, Century Park guided the stronger, larger Company through a sale to a publicly traded strategic buyer. Some of the key steps included:
I am searching for a discontinued wall border and pillow for my new grandson's room. It is made by Kidsline and it is the Over the Moon pattern. Does anyone know where I can get it? I have checked with Kidsline and they don't have any left in their stock.
Teresa from Henderson, NC
Kidsline was a Southern California designer and producer of infant bedding and accessories. The business was family owned and operated, and in 2001 the owners decided to capitalize on their success and to diversify their financial holdings. This resulted in the decision to pursue a sale of the company.