American Greetings

American Greetings Corporation is a prominent designer and manufacturer of social expression products, headquartered in Cleveland, Ohio. Founded in 1906, the company operates through five segments: North American Social Expression Products, International Social Expression Products, Retail Operations, AG Interactive, and Non-reportable. Its diverse product offerings include greeting cards, gift packaging, stationery, and party goods, as well as electronic greetings and digital services accessible via websites and mobile devices. The company is well-known for its various greeting card brands, including American Greetings, Papyrus, and Recycled Paper Greetings. Additionally, it creates and licenses intellectual properties, such as the Care Bears characters. American Greetings sells its products through numerous channels, including mass merchandisers, supermarkets, and independent distributors. As of early 2016, it operated 397 retail stores in the United Kingdom, further expanding its presence in the social expression market.

Lorna Street

CFO

5 past transactions

Clintons

Acquisition in 2012
Clintons is a retailer of greeting cards and related products based in Corby, England. Founded in 1968 by Don Lewin, the business initially opened its first store in Epping, Essex. Over the years, Clintons expanded significantly, growing from 77 stores in 1988 to 277 by 1994. The company underwent further acquisitions, including shops from Hallmark Cards and Carlton Cards, culminating in a notable expansion in 2012 when it was acquired by American Greetings. Following this acquisition, Clintons rebranded to emphasize its role as a destination for all of life’s special moments. The company currently operates approximately 380 stores throughout the UK, including Scotland, Wales, and Northern Ireland, and offers a range of products including greeting cards, gifts, gift wrap, and stationery items through its physical locations and an online platform.

Webshots

Acquisition in 2007
Webshots is a prominent developer of a global image distribution content platform that specializes in providing images, wallpapers, and screensavers to its users. The company boasts a vast library of high-quality photographs, including real location images, which cater to the preferences of customers seeking personalized digital content for their desktops and mobile devices. With a dedicated and passionate audience, Webshots is well-positioned to capitalize on growth opportunities within emerging digital lifestyle categories, complementing other leading properties in personal technology and entertainment. Its platform not only satisfies user demands but also serves as an effective resource for marketing partners.

MIDIRingTones

Acquisition in 2004
MIDIRingTones is a prominent provider of licensed ringtones and wireless content, recognized for its extensive application and platform development capabilities. The company specializes in creating ringtones, graphics, audio tones, and games tailored for modern cellular devices. MIDIRingTones has established partnerships with several major telecommunications carriers, delivering its products to a wide array of clients, including notable names in the industry. By focusing on innovative content creation and distribution, MIDIRingTones has positioned itself as a leader in the mobile entertainment sector.

Egreetings Network

Acquisition in 2001
Egreetings Network, Inc. is an online platform that enables users to express their sentiments through a diverse array of digital cards and gifts. The company's website features approximately 7,000 online cards that include graphics, animations, and music, catering to various occasions and relationships. In addition to its card offerings, Egreetings Network also sells a selection of gifts and digital gift certificates. The company provides business-to-business services, creating and distributing communication products for its clients' employees, customers, and partners. Furthermore, it licenses its software platform to partner websites engaged in viral marketing of online cards, enhancing its reach and impact in the digital greeting card market.

Blue Mountain

Acquisition in 2001
BlueMountain.com is an online card and entertainment Internet site based in San Diego, California. The company provides free animated and musical greeting cards that users can email to others. Additionally, BlueMountain.com offers e-commerce gift options like flowers, chocolates, and gift baskets. Since September 2001, BlueMountain.com has been operating as a subsidiary of American Greetings Corporation.
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