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New Deal


Announced

Completed

Broad Sky Partners completed the investment in Fair Harbor.

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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beachwear

Domestic

Friendly

Private

Minority

lifestyle brand

Acquisition

Completed

Clothing and Accessories

United States

Private Equity

Single Bidder

Synopsis

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Broad Sky Partners, a private equity firm that partners with middle market business services and consumer companies, completed the investment in Fair Harbor, a sustainable lifestyle brand. Financial terms were not disclosed. "Jake and Caroline are exceptionally talented, purpose-driven entrepreneurs. Against the backdrop of increased consumer preference for sustainable products, they’ve led Fair Harbor to achieve remarkable success to date. As sector-focused, thematic investors, we see significant opportunities to invest in the intersection of sustainable and direct-to-consumer business models and are following the impact the shift to sustainability is having in consumer packaging and supply chains," Jonathan Marlow, Broad Sky Partner.

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