American Achievement Corporation - Onex Falcon
American Achievement Corporation
Sponsor requires flexible capital to execute a complex recapitalization
Business Description:
American Achievement Corp. (“AAC”) is a leading manufacturer and supplier of yearbooks, class rings, graduation announcements, letter jackets and other graduation and affinity products in the U.S. In business for over 100 years, AAC is recognized as one of the nation’s oldest and largest distributors of commemorative jewelry and recognition products known for its market leading brands such as ArtCarved®. Balfour®, Keepsake®, Balfour Publishing®, and Taylor Publishing.
Falcon Solution:
Falcon provided a flexible capital solution, investing in subordinated debt and preferred stock to support the recapitalization.
