Green Thumb Wins Easy Gardener Assets

Law360, New York (June 2, 2006, 12:00 AM EDT) -- The sale of a bankrupt lawn and garden company's assets should bear fruit for lenders, who are expecting a payout from the more than $60 million earned from the sale.

Green Thumb Acquisition Corporation, an affiliate of Bayside Capital, bought bankrupt Easy Gardener Products Ltd.'s assets at auction this week for $60.5 million, according to a statement from Easy Gardener. Green Thumb is an affiliate of Bayside Capital, which in turn is an affiliate of H.I.G. Capital. H.I.G. has $2.5 billion invested in 40 companies under...
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