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New Deal


Announced

Sentinel Capital to acquire L2 Brands from Dominus 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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headwear

Pending

Friendly

Clothing and Accessories

Domestic

Private Equity

Single Bidder

United States

Private

apparel brand

Acquisition

Majority

Synopsis

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Sentinel Capital, an investment firm, agreed to acquire L2 Brands, a designer, manufacturer, and marketer of custom apparel and headwear, from Dominus Capital, an operationally-focused private equity firm. Financial terms were not disclosed. "The L2 Brands story is very similar to many other Dominus investments where both organic and acquisition growth are part of the strategy. The resources we brought to L2 Brands enabled it to more than triple its size during our ownership period," Gary Binning, Dominus Capital Founding Managing Partner.

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