Buyout firms jostle for John Hardy in jewelery M&A boom


Jeweler John Hardy is attracting bid interest from a string of U.S. private equity firms, sources close to the matter said, the latest potential deal in a sector outpacing the broader luxury industry thanks in part to financially independent Asian women, sister news service Reuters reported.

U.S. buyout groups Catterton Partners and TSG Consumer Partners are among the firms interested in a jeweler which draws its inspiration from the Indonesian island of Bali and sells products including a $425 two-finger silver snake ring and a $1,495 ...

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