Report: Miles Kimball on the block

Gifts and housewares cataloger Miles Kimball is reportedly being auctioned off by Chicago-based investment bank Houlihan Lokey Howard & Zukin, according to a report in TheDeal.com. Miles Kimball chairman/president/CEO Mike Muoio could not comment on the report. But a bank representative did acknowledge that the institution was involved in a possible sale of the Oshkosh, WI-based mailer.

Sun Capital Partners, a Boca Raton, FL-based private equity firm, acquired Miles Kimball in June 2001. The cataloger, which also mails the Exposures catalog of photo frames and related items, will mail 77 million books this year. It expects to generate $10 million of EBITDA (earnings before interest, taxes, depreciation, and amortization) on $125 million in sales for 2002.

Partner Content

3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.
Build the Foundation for Great Customer Experiences - NetSuite
Understand how consistent, timely, relevant and personalized experiences are enabled by having the right technology foundation in place.
Strategies for Maximizing Mobile Point-of-Sale Technology - NetSuite
Learn the top five innovative ways to utilize your mobile POS technology to drive customer engagement, increase sales and elevate your brand.