Klone Lab, an Amesbury, Massachusetts-based boutique licensing and product marketing company in the performance sport, action sport, and outdoor industry, has received an investment of undisclosed amount from Madison Parker Capital.
The company intends to use the capital to accelerate its pursuit of new market opportunities and grow its product offerings.
Klone Lab specializes in design, manufacture and distribution of sports and lifestyle accessory products including New Balance Inc. sandals, slides and open toe products.
Madison Parker Capital is a Boston-based investment firm focused on lower middle-market companies with operating profits between $2m and $10m with investment sizes ranging from $5m to $30m.
FinSMEs
15/12/2010