Published
October 10, 2024
Go Global Retail announced on Thursday the acquisition of maternity fashion brand Hatch Collection, through its Janie and Jack Holdings, Inc. platform.
This acquisition adds to Go Global’s portfolio and serves as a strategic expansion following its 2021 purchase of children’s fashion brand Janie and Jack from Gap Inc. Notably, Hatch will strengthen its offering to women during motherhood.
The acquisition was financed through Janie and Jack Holdings in conjunction with a senior secured credit facility provided by MidCap Financial.
“The acquisition of Hatch perfectly aligns with our strategy of expanding our portfolio for the modern mom,” said Jeff Streader, founder and managing partner of Go Global Retail.
“By integrating Hatch into our brand family, we aim to enhance the overall customer experience while positioning ourselves for future growth. Our customer-centric approach continues to guide our mergers and acquisitions, ensuring each decision strengthens our ability to meet their needs.”
Mo Beig, president and CFO of Janie and Jack added: ”By bringing Hatch into the Janie and Jack family, we are extending our reach to the earliest stages of parenthood, cultivating deeper customer loyalty and lifetime value. This acquisition strengthens our position to capture the growing demand in this segment while elevating both brands.”
Hatch, founded in 2011, is celebrated for providing elevated maternity and postpartum fashion, beauty and wellness essentials, and educational content via its editorial platform, Babe. The brand also boasts strategic wholesale partnerships with over 200 retailers and operates two New York-based retail stores, as well as a flagship e-commerce platform.
“This is an exciting moment for Hatch as we embark on this next chapter. Our mission and values align seamlessly with Janie and Jack; together, we are better positioned to support women on their journey through parenthood,” said Rosie Rothrock, chief marketing officer of Hatch.
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