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Platinum Equity Acquires Augusta Sportswear Brands And Founder Sport Group

Platinum Equity Acquires Augusta Sportswear Brands And Founder Sport Group

01/09/24, 8:05 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgbeverly hills
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svggrovetown
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgstatesville
Industry
financial services
retail apparel and fashion
sports
fashion
Platinum Equity announced today the acquisitions of Augusta Sportswear Brands ("ASB") and Founder Sport Group ("FSG"). Both companies are suppliers of team uniforms and off-field performance wear and fan apparel for the youth and recreational sports markets.

Company Info

Company
Platinum Equity
Location
Beverly Hills, California, United States
Company info
Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with more than $25 billion of assets under management and a portfolio of approximately 40 operating companies that serve customers around the world. The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global buyout fund, and Platinum Equity Small Cap Fund, a $1.5 billion buyout fund focused on investment opportunities in the lower middle market. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 25 years Platinum Equity has completed more than 300 acquisitions.
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