Announced
Financials
Sources
Tags
Majority
Private
Pending
Single Bidder
Acquisition
Private Equity
Friendly
Domestic
Australia
clothes retail
Apparel Retailers
Synopsis
Glow Capital, a private equity firm, agreed to acquire a 51% stake in Cargo Crew, an Australian hospitality uniform brand. Financial terms were not disclosed. “The partnership with Glow Capital is the next natural step for our business. We have an incredible growth opportunity ahead of us, so we welcome the expertise in scaling up and building a global brand that the Glow team brings,” Felicity Rodgers, Cargo Crew Founder.
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