Announced
Completed
Financials
Sources
Tags
Acquisition
United Kingdom
Cross Border
Minority
Private Equity
sportswear
Clothing and Accessories
Private
Completed
Friendly
Single Bidder
Venture Capital
Synopsis
The Raine Group, a boutique investment and merchant bank, led a £145m round in Castore, a premium performance sportswear brand and technology-enabled, end-to-end digital platform for global sports teams, with participation from Hanaco Ventures and Felix Capital. “We are delighted to have secured the backing of highly reputable equity partners that will add significant value to all aspects of Castore’s business model – our team relationships, our sportswear brand and our omni-channel retail operations. We are confident these are the right investors to take us to the next stage of our growth, who share our passion for high quality sports apparel, and, in addition to capital, will bring expertise and access to new markets,” Tom and Phil Beahon, Castore Founders.
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