Harvey & Company participated in the recapitalization of Miami, FL-based The Fragrance Outlet, Inc. (“TFO”) in partnership with a Dallas-based private equity fund. TFO is a leading specialty retailer of brand name fragrances, cosmetics, and related products. The Company’s concept is based upon offering the widest assortment of branded men’s, women’s, and children’s fragrances to consumers at discounts ranging from 15%-70% below traditional department store and mall-based specialty retailer prices. At the time of acquisition, the Company’s store base consisted of over 60 outlet mall-based stores in 23 states, Puerto Rico, and Guam, all of which were Company-owned.