Beanstalk acquired by Investment Group and Management Team

Beanstalk, a global leader in brand extension licensing, announced today it has been acquired by a consortium of institutional investors led by JPE Investments, the family office of Jason Epstein, funds and affiliates of Beach Point Capital Management (“Beach Point”) and the family offices of Lance Hirt and Brian Cooper. Terms of the transaction were not disclosed.

Strategic growth initiatives

Beanstalk’s management and the new ownership group plan to invest in strategic growth initiatives to enhance the company’s global platform, with a focus on furthering its industry leadership and client service excellence. Omnicom, Beanstalk’s previous owner, will remain an alliance partner offering continued relationships with its agencies.

Longtime Beanstalk leader and industry veteran, Allison Ames will continue to lead the agency in her role as President & CEO. Jason Epstein will assume the role of Chairman of Beanstalk, bringing a long track record of leading successful business carve outs. Beanstalk’s co-founder, Michael Stone, will remain with the company in an advisory capacity.

Source:https://www.beanstalk.com/blog/beanstalk-acquired-by-investment-group-and-management-team