Announced
Completed
Financials
Sources
Tags
Private
Canada
intimate apparel
Minority
Private Equity
Venture Capital
Completed
Friendly
Single Bidder
Clothing and Accessories
Acquisition
Cross Border
Synopsis
TZP Group, a multi-strategy private equity firm, led a Series B round in Knix, a direct-to-consumer intimate apparel brand, with participation from Acton Capital. Financial terms were not disclosed. "We believe Knix is an authentic and innovative brand that is disrupting the women's intimate apparel landscape. As pioneers in inclusivity and body positivity, and with an expanding portfolio of high-quality products, the brand has amassed a large and growing community of engaged and loyal consumers. As a digitally-first brand, Knix is well positioned to seize the opportunity for continued growth, and we are thrilled to be partnering with Joanna and the team. TZP is committed to supporting female founders and management teams, and we are proud to add Knix to the TZP portfolio," Erin Edwards, TZP Partner.
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