Harvey & Company partnered with a Midwest-based private equity fund focused on tech-enabled, direct-to-consumer businesses to find new platform opportunities. Together, we identified Robb Report, a leading publication and advertiser of luxury consumer brands, as an attractive candidate. The privately-held company had weathered the economic recession with surprising resiliency, and had developed very strong brand recognition over the years. The sole owner was seeking a partner to help leverage the magazine’s brand name and transition the business to a digital model. Harvey & Company initiated and co-invested in the recapitalization of Robb Report, providing the owner with substantial liquidity and a financial partner with expertise specific to the company’s digital growth ambitions.
Robb Report is the international authority on the luxury lifestyle. In its digital and print forms, the media brand offers affluent consumers insights and detailed information designed to assist them in selecting only the most exceptional products and services in markets around the globe. Categories of coverage include automobiles, motorcycles, yachts, aircraft, art, fine dining, jewelry, watches, fashion, travel, homes, wines, spirits, cigars, and health and wellness.
Since the recapitalization, substantial resources have been invested into building out Robb Report’s digital offering. The company is also considering acquisitions that fit with its luxury/lifestyle brand.