ENFR

Sales of Fatherly to Some Spider Studios

March 2020

Fatherly (www.fatherly.com), a digital media company addressing the needs of today’s parents, backed by Bertelsmann Digital Media Investment, WPP, Uncork, Lerer Hippeau, Crosslink and others, was acquired by Some Spider Studios, the parent company of Scary Mommy and The Dad, backed by NEA and its founders, Vinit Bharara and Marc Lore.

We advised Fatherly on this “all in NYC” transaction.  Michael Rothman, former CEO of Fatherly and now EVP at Some Spider said: “Laurent Ohana’s experience as a lawyer, investor and entrepreneur all came into play as he helped us navigate this transaction, which has provided the company, our employees and shareholders with a very positive outcome.”

Related Transactions

FusionCharts (www.fusioncharts.com), a leading provider of professional charting libraries used by over 800,000+ developers at 28,000+ companies around the world to build web and mobile dashboard and founded and bootstrapped by Indian entrepreneur Pallav Nadhani, was acquired by Idera, Inc., parent company of global B2B software productivity brands that enable its 50,000+ database professionals customers to design, monitor and manage data systems and provide application development tools to help software engineers build, test, deploy, and manage a wide range of applications faster and more efficiently.  FusionCharts will join Idera, Inc.’s Developer Tools business unit that includes Embarcadero, Sencha, Froala, Whole Tomato and LANSA. We advised InfoSoft Global Private Ltd, former parent of FusionCharts, on this cross-border transaction between India and the US.  Pallav Nadhani, CEO of InfoSoft Global said: “Cross-border acquisitions come with their own unique set of challenges. Laurent Ohana was extremely helpful, professional and diligent in helping us navigate through the entire process. I would highly recommend him and his team for founders looking to go through a similar transaction.”

Read more

Delta Galil Industries, Ltd. (TLV:DELT), a global manufacturer and marketer of branded and private label apparel products for men, women and children, as well as leisurewear and active wear, has acquired the P.J. Salvage brand and other assets of California-based Loomworks Apparel, Inc., a leading sleepwear, loungewear and intimates manufacturer and distributor with an international following. P.J. Salvage is widely known for chic style and luxury fabrics, and pioneered the crossover of bedroom fashion into loungewear and everyday wear. The brand’s meticulous attention to detail, superior quality, rich fabrics and flattering fit have made P.J. Salvage a favorite among celebrities and the fashion-minded. Its “California cool” sensibility is featured in leading high-end department store chains and specialty boutiques. Since its inception in 1975, Delta Galil has continually strived to create products that follow a body-before-fabric philosophy, placing equal emphasis on comfort, aesthetics and quality. The company generates sales of over $1 billion dollar. Ohana & Co. acted as the exclusive financial advisor to Delta Galil Industries.

Read more

Luxury fashion house J. Mendel (USA) has recapitalized its balance sheet through an investment by The Gores Group, a Los Angeles based private equity firm. Ohana & Co. acted as the exclusive financial advisor to J. Mendel (USA).

Read more