Fredrikson Reps PE Firms In J. McLaughlin Majority Buy

Law360, New York (November 22, 2011, 4:05 PM EST) -- A consortium of private equity funds led by JH Partners LLC has acquired a majority interest in New York clothing company J. McLaughlin, the companies announced Tuesday.

The companies said in a press release that JH Partners' Jeff Hansen will join J. McLaughlin's board of directors. The company's current management team, which includes co-founders Jay and Kevin McLaughlin and CEO Steven Siegler, will continue to run the firm and will retain a minority interest in the business.

The other private equity firms involved in the deal...
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