In November 2015, Balmoral Funds, a Los Angeles based private equity fund focused on mid-market opportunities, acquired Enesco, LLC. Founded in 2005, Balmoral Funds currently has more than $200 million of assets under management. Balmoral typically invests in companies that have revenues between $30 to $300 million and require equity investments of $5 to $30 million.
BDO USA, LLP provides global audit services for Enesco and PricewaterhouseCoopers provides global tax services. In addition to Enesco’s in-house counsel, legal services are provided by Vedder Price P.C. in the U.S. International legal services are provided by Dundas & Wilson, LLP and Allens Arthur Robinson, among others.