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New Deal


Announced

CVC Capital-backed Brooklyn Investment to acquire I.T for $167m.

Financials

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Transaction Value£118m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Public

Majority

Friendly

Acquisition

Bermuda

Scheme

Clothing and Accessories

Private Equity

Single Bidder

Privatisation

Cross Border

Pending

fashion wear

Synopsis

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CVC Capital-backed Brooklyn Investment, a special purpose vehicle held by a consortium formed between the founders of I.T and CVC, agreed to acquire I.T, which focuses on design, sourcing and sales of fashion wears and accessories, for $167m.

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