Shields & Company is pleased to announce it advised Hub Pen and the Fleming family in its partnership with Tenex Capital Management.
Hub Pen is an ASI Top 40 Supplier and the second largest decorator of promotional writing instruments in the U.S. The Fleming family is in its 57th year of owning and operating Hub Pen and the second generation of the family continues to manage the business.
Joe Fleming, President of Hub Pen, said “Not only did the Shields & Company team understand our business and the promotional product industry, but they invested the time to understand the objectives of our family as well. Their guidance through the financial and non-financial aspects of a family business recapitalization proved invaluable as they helped us find the right partner. The result of the process exceeded our expectations.”