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New Deal


Announced

Completed

Wellington Management led a $270m financing round in Skims.

Financials

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Transaction Value£206m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Completed

Single Bidder

Private

Private Equity

Domestic

Venture Capital

Clothing and Accessories

clothing brand

United States

Acquisition

Friendly

Minority

Synopsis

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Wellington Management, a private, independent investment management firm, led a $270m financing round in Skims, an apparel company, with participation from Greenoaks Capital Partners, D1 Capital Partners and Imaginary Ventures. “Skims has maintained unprecedented momentum since the brand’s inception. We’re thrilled to partner with the brand to support it through this pivotal growth stage,” Michael Carmen, Wellington Management co-head of private investments.

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