experience

Experience

Beckner Clevy Partners and Harbert Management Corporation lead a restructuring of Innovative Hearth Products

Beckner Clevy Partners and Harbert Management Corporation led a restructuring of Innovative Hearth Products (IHP). IHP is a leading manufacturer of fireplaces, inserts, stoves, gas log sets, venting products and accessories. The recapitalization lays the foundation for the continued growth of IHP and its business within the residential building and remodeling markets under the majority ownership of Beckner Clevy Partners and Harbert Management Corporation.

Waller served as lead transaction counsel to Beckner Clevy and also provided commercial finance and tax counsel on the transaction.

With operations in Russellville, Ala., Santa Ana, Calif., and Auburn, Wash., IHP markets to dealers, distributors, architects and consumers under the retail brands Astria Fireplaces, Comfort Flame™, IronStrike® and Superior Fireplaces®.

For more information, see media coverage here.

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