Cathay Capital, founding family recapitalize K'NEX Brands

Cathay Capital North America completed a recapitalization of construction toy maker K'NEX Brands. Cathay partnered with K'NEX CEO Michael Araten. Families of the company's founders, the Aratens and the Talleys, will retain significant ownership in K'NEX's new holding company, Smart Brands International Co., along with senior management.

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