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New Deal


Announced

Glow Capital to acquire a 51% stake in Cargo Crew.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For51%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Majority

Private

Pending

Single Bidder

Acquisition

Private Equity

Friendly

Domestic

Australia

clothes retail

Apparel Retailers

Synopsis

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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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