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New Deal


Announced

Altor to acquire a majority stake in Oceansapart.

Financials

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

Tags

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Acquisition

Cross Border

Single Bidder

Private

Pending

Germany

Clothing and Accessories

Private Equity

Majority

Friendly

activewear clothes

Synopsis

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Altor, a family of investment funds, agreed to acquire a majority stake in Oceansapart, an activewear apparel company. Financial terms are not disclosed. “Focusing on inclusivity, oceansapart is a uniquely positioned direct-to-consumer athleisure company. Its profitable growth track-record is truly impressive - having expanded into five countries within its first four years already. We are excited to partner with the founders on their continued internationalization journey," Giovanna Maag, Altor Partner.

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