Alleghany Capital Corporation (ACC), a wholly owned subsidiary of Alleghany Corporation, has acquired an interest in Jazwares LLC.
Judd Zebersky, CEO and president of Jazwares, commented, “Jazwares has grown significantly over the past number of years by delivering high quality, must-have toys and consumer electronics to children worldwide. As we pursue our next stage of growth, we are enthusiastic to partner with ACC given its unique long-term perspective and history of backing entrepreneurial management teams.”
Valufinder Group Inc. acted as financial advisor while Seyfarth Shaw LLP acted as legal counsel to ACC. Marketing Management Group Inc. acted as financial advisor and Pryor Cashman LLP acted as legal counsel to Jazwares.