Management Completes Buyout of Sandy Alexander
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CLIFTON, NJ—Sandy Alexander announced that its management team has completed a buyout of the company. Terms were not disclosed. The transaction makes Sandy Alexander a privately held company owned exclusively by the management team, which remains intact.
“The management team is very excited about the change in ownership,” said Mike Graff, president and CEO of Sandy Alexander. “Our more than 300 employees also are very pleased with the ownership change. We believe that we are well-positioned to continue to build a unique model that offers our broad customer base continued quality and service across many platforms.”
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