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New Deal


Announced

Completed

S&S Activewear completed the acquisition of TSC Apparel from CenterGate Capital.

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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wholesale apparel

Domestic

United States

Majority

Apparel Retailers

Private

Private Equity

Acquisition

Completed

Friendly

Single Bidder

Synopsis

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S&S Activewear, a wholesaler of imprintable apparel and accessories, completed the acquisition of TSC Apparel, a B2B distributor of imprintable apparel products and accessories from CenterGate Capital, a private equity firm. Financial terms were not disclosed. “The collective efforts of the TSC management team, our strategic partners, and CenterGate have resulted in a differentiated platform well positioned to continue to deliver greater value to its customers. CenterGate has greatly appreciated its partnership with management and is excited to see the continued growth of the business under S&S’s stewardship,” Tiffany Kosch, CenterGate Co-Founder and Managing Partner.

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