Bluestar Alliance Purchases Catherine Malandrino Clothing Line

A management executive, Gary D. Herwitz is an active member of the finance and academic worlds. In addition to serving as a managing partner at CoMetrics Partners, LLC, Gary Herwitz has helped broker numerous financial transactions, including Bluestar Alliance’s purchase of the Catherine Malandrino clothing line.

In 2013, the Bluestar Alliance Group, in partnership with various investors, completed the purchase of the intellectual property assets of Catherine Malandrino, an upscale clothing line that sells apparel and home accessories. The CoMetrics group acted as Bluestar’s financial advisor in the deal.

At the time of the deal, line founder Catherine Malandrino stated that the acquisition would allow her brand to realize its full potential through marketing and advertising campaigns. Bluestar’s recent purchase adds to the company’s fashion-line portfolio, which already includes brands like Harve Benard, Kensie, and English Laundry. The Catherine Malandrino line currently operates 11 boutiques globally with more than 400 accounts.