Selected transaction · Writing instruments
Garland joins Pen Company of America
ThirdSide Capital advised Garland on its sale to Pen Company of America.
acquired by
- Business
- Garland Writing Instruments
- Buyer
- Pen Company of America
- Announcement
- June 30, 2021
- Role
- Advisor to the seller
The business
The capabilities the buyer brought together
Garland, based in Coventry, Rhode Island, manufactured American-made metal writing instruments with a history dating to 1927.
Pen Company of America announced Garland’s acquisition alongside a separate acquisition of Ben-Art Manufacturing. The buyer, a manufacturer of plastic writing instruments, described a broader product range from the combination.
The announced plan
The buyer’s plans for the operation
The June 2021 announcement described plans to relocate both acquired businesses to the buyer’s New Jersey manufacturing facility.
A transition can carry a brand and products forward while changing how and where the business operates. For an owner reviewing a proposal, those plans belong beside the financial terms.
Explore the owner’s questions