Keswick-Backed Marrinan Group Acquires Kindred Hearts

November 22 2024
Press Release

 

Marrinan Group, a portfolio company of Keswick Partners, announces it has acquired KH Sports Fan, Inc. and Kindred Hearts, Inc. (collectively, “Kindred Hearts” or “KH”), a manufacturer of American-made home goods with a vast offering of officially licensed collegiate products, including wall hangings, yard signs, outdoor items, holiday décor, and office accessories. In addition to the company’s suite of officially licensed collegiate goods, KH also operates in the non-licensed home décor market, servicing major, big box retailers.

“We are very excited about adding KH and Josh Buchholz to the Marrinan team. The addition of Kindred Hearts will further expand our drop ship capabilities and better serve our growing E-commerce partnerships for both our Jardine Associates and J&A Marketing business units. We have new products in development that will allow us to provide faster replenishment, all with the added benefit of being made here domestically! We look forward to 2025 and beyond with Josh and KH!” said Kevin Hearn, President of Marrinan Group.

KH represents Marrinan Group’s first add-on acquisition since Keswick Partners completed a recapitalization of the business in 2023.

About Marrinan Group: Based near Providence, Rhode Island, Marrinan is a value-added distributor of officially licensed products for the collegiate and military end markets. Through its two divisions, Jardine Associates and J&A Marketing, the company manages the procurement of gifts and accessories for collegiate bookstores, fan shops, military bases, and associated online e-commerce channels.