Project: Magellan's CBNB
Role: Principal at Gart Capital Partners, lead deal origination as well as corporate development efforts. Worked directly with CEO on executive level initiatives to reposition company during 2008 financial crisis.
Status: Past project, realized
Initial capitalization date: June 2008
In June of 2008, Gart Capital Partners (GCP), in partnership with Colorado Baggage, a 10 store specialty travel goods retailer based in Denver, acquired out of bankruptcy 34 additional stores operating in 12 states under the Bag’n Baggage brand name. The new company was renamed Colorado Bag’n Baggage (CBNB).
In November of 2011, CBNB was merged with Magellan’s Travel Supplies, a Santa Barbara based catalog and retailer specializing in innovative travel products and accessories targeting frequent travelers.
Southlake Town Square location - Dallas, TX
Photography provided by Unsplash, Colorado Baggage and Magellan's