Alleghany Capital Acquires Majority Interest in Jazwares

Alleghany Capital Corporation, a subsidiary of Alleghany Corporation (NYSE: Y), acquired a majority interest in Jazwares, LLC, a toy and consumer electronics company based in Sunrise, Florida.

Alleghany Capital acquired an initial interest in Jazwares in July 2014.

The company will use the proceeds to broaden its licensor relationships.

Founded in 1997 and led by Judd Zebersky, Chief Executive Officer and President, and Laura Zebersky, Executive Vice President and Chief Commercial Officer, Jazwares delivers diverse lines of toys and consumer electronics, Its portfolio includes: Animal Jam™, Minecraft™, Peppa Pig™, Chuck & Friends™, Terraria™, and Tube Heroes™, among others.



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