“We hired Stewart Kim and his team to assist us in finding a partner that could help continue growing our businesses well beyond my lifetime. Throughout the many months of hard work, we were delighted with the way in which PGP managed the transaction, as well as the final results that they helped produce.
I feel that PGP, in addition to their professionalism, experience, and integrity, brought remarkable objectivity in their advice to me, my family, and our management team. We had unique objectives and very high standards across the board. They understood that and created a highly customized process for us that also respected our strong desire for confidentiality. Given the tremendous amount of work that was required, it would have been easy for PGP to recommend shortcuts that would have benefited their firm, but to their credit, they consistently recommended what they believed was in our best interest. The end result was that we found a like-minded partner who committed to long-term capital and brought the experience that we were seeking to help build our brands and branded businesses. Throughout this demanding process, PGP bore the brunt of criticism from all bidders, acting as our buffer and delivering the tough messages when they needed to be delivered. They did a terrific job all around.”
Chairman of Nicklaus Companies, LLC