Announced
Completed
Financials
Tags
Acquisition
Private
United States
Clothing and Accessories
Single Bidder
activewear clothes
Majority
Friendly
swimwear
Completed
Private Equity
Domestic
Synopsis
Meaningful Partners, a Los-Angeles based private equity firm, completed the investment in Active Apparel Group, a socially-responsible manufacturer of activewear and swimwear. Financial terms were not disclosed. "Meaningful clearly shares our values and approach to business. We are grateful to have found the Meaningful team who will support us with the resources to expand our business and better serve our partner brands. The Meaningful team collectively has decades of experience that will help guide AAG into its next phase of growth," Paul McCloskey, AAG Founder.
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