Announced
Completed
Synopsis
Trilantic, a private equity firm, completed the investment in Orva, a full-service e-commerce platform specializing in the sale of footwear, apparel, accessories and home products from leading consumer brands. Financial terms were not disclosed. "The Orva team has continued to demonstrate their ability to nimbly adapt the Company’s business model amid major disruption over the course of its nearly 70-year history and is effectively capitalizing on the retail industry’s accelerating shift toward e-commerce. The value Orva’s unique merchandising strategy brings to partners and customers alike is evidenced by its long-term, trusted brand relationships and the success of its high-growth platform. We look forward to working alongside the founding family to support Orva through its next phase of growth," Jamie Manges, Trilantic Partner.
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