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Varnum Represents Hammond’s Candies in Sale to Private-Equity Backed Lolli & Pops

December 18, 2024

Varnum recently represented Hammond’s Candies in its sale to Lolli & Pops, a U.S.-based candy brand and portfolio company of TerraMar Capital.

Founded in 1920 in Denver, Colorado, Hammond’s Candies is known for its handcrafted candy canes, lollipops and other nostalgic sweets. The company sells products under three national brands, including Hammond’s, Old Dominion and McCraw’s.

Varnum’s deal team represented Hammond’s Candies in all aspects of the sale. Varnum partner Jim Eardley led the full-service team which included Chris George (Corporate), Lauren Parker (Corporate), Shawn Strand (Tax), Charles Russman (Employee Benefits) and Yvonne George (Immigration).

“I couldn’t be more pleased with the exceptional legal work Varnum provided throughout this deal. Their ability to pivot seamlessly and stay one step ahead was invaluable,” said Andrew Schuman, President and CEO of Hammond’s Candies. “Their strategic guidance and foresight were critical to our successful outcome.”

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