ELLINGTON is a Portland, Oregon-based design and marketing firm of fabric and leather bags and accessory items consisting of totes, handbags, briefcases, and backpacks. Founded 20 years ago by Alecia Elsasser, the company has grown into a well-known brand that provides branded and private label products to all the major North American catalog companies and to boutique and major retailers and e-retailers. Manufacturing is contracted with exclusive factories in Asia. E&E ACQUISITION COMPANY, LLC is a company formed by UIB Capital, Inc. and its parent, Unicorn Investment Bank, B.S.C. in Bahrain. UIB was attracted to Ellington’s fast growth and significant potential in the branded and private label handbag market. UIB will retain the owners, Alecia and Ed Elsasser, in a management role. The company’s operations will remain in Portland, Oregon. ACQUISITIONS NORTHWEST, INC. acted as advisors to the shareholders of Ellington, designing and preparing offering materials, researching the industry for strategic fits, contacting suitable candidates, and assisting shareholders and counsel in negotiating the terms of the sale to E&E Acquisition Company, LLC.