Gordon Brothers Group acquires inventory, fixed assets and IP of NapaStyle

Boston -- Gordon Brothers Group announced that it has entered into an agreement with NapaStyle and its creditors to acquire the company’s assets, including intellectual property, inventory and furniture, fixtures and equipment.



Founded by celebrity chef, Michael Chiarello, NapaStyle offers handcrafted and artisanal home goods, furniture and specialty foods for decorating, entertaining, cooking, wine, garden and home enthusiasts through store, online and catalog channels.



“We’re pleased to have been able to offer a global solution to the company to maximize the value of the assets,” stated Jim Lightburn, managing director of Gordon Brothers Group’s Commercial & Industrial Division. “These assets hold great potential and we look forward to putting them towards productive future uses.”



The company is the process to find buyers of the assets.