Consumer Products Acquisitions in Mississippi

Weinberg Capital Group has acquired Drake Waterfowl Systems, a branded outdoor apparel company for hunters and anglers. Northstar Capital provided subordinated debt and an equity co-investment to help finance the transaction alongside Weinberg. The deal positions Drake for growth as a consumer outdoor-apparel platform under Weinberg's ownership.

Weinberg Capital Group, a Cleveland-based family office, has acquired Drake Waterfowl Systems, a Mississippi-based maker of hunting, fishing and casual outdoor apparel. WCG said it will partner with Drake's management to grow the business and is actively seeking add-on acquisitions to expand the Drake platform across retail and direct-to-consumer channels.

The Dorman Group of Companies, in partnership with Merit Capital Partners and John‑Richard CEO Alan Galbraith, acquired John‑Richard Collection, Inc. from founder Alex Malouf and the Malouf family in a transaction completed in October 2020. John‑Richard, headquartered in Greenwood, Mississippi, is a designer and manufacturer of high‑end home furnishings (furniture, lighting, mirrors, botanicals and accessories); Merit provided subordinated debt and equity to support the acquisition.