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Announced

Completed

Redwood Capital Investments completed the acquisition of the occupational portion of its Work segment of VF.

Financials

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

Tags

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Friendly

Private Equity

Domestic

Single Bidder

Private

United States

Acquisition

Majority

Clothing and Accessories

apparel

Completed

Synopsis

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Redwood Capital Investments, a diversified holding company, completed the acquisition of the occupational portion of its Work segment of VF, a global provider of branded lifestyle apparel, footwear and accessories. Financial terms were not disclosed. “The sale of our occupational work brands reflects our continued focus on transforming VF into a more consumer-minded and retail-centric enterprise while further simplifying our portfolio and operating model. We are pleased to have reached this agreement with Redwood Capital Investments,” Steve Rendle, VF Chairman, President and CEO.

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