Buyout (LBO, MBO, MBI) • Apparel/Textiles

Irving Place Capital Acquires Rag & Bone

On January 3, 2013, private equity firm Irving Place Capital acquired apparel/textiles company Rag & Bone

Acquisition Context
  • This is Irving Place Capital’s 4th transaction in the Apparel/Textiles sector.
  • This is Irving Place Capital’s 34th transaction in the United States.
  • This is Irving Place Capital’s 9th transaction in New York.
Investment Fate
  • Rag & Bone was sold to a publicly-traded strategic buyer in 2024.

Explore All 508 Buyout (LBO, MBO, MBI) Apparel/Textiles Deals - Search the Database Free


M&A Deal Summary

Date January 3, 2013
Target Rag & Bone
Sector Apparel/Textiles
Buyer(s) Irving Place Capital
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Solomon Partners (Financial)
Hand Baldachin & Associates (Legal)

Target Company

Rag & Bone

New York, New York, United States
Rag & Bone owns and operates 34 stores in the U.S. and two stores in the U.K. which provides lifestyle apparel and accessories brand. Rag & Bone was founded in 2002 and is based in New York.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Irving Place Capital

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 4.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Irving Place Capital (formerly Bear Stearns Merchant Banking) is an independent private equity firm focused on making investments in middle-market companies located in North America and Western Europe. Irving primarily looks for opportunities in the retail, financial services, consumer products and packaging sectors, but will also consider investments in other traditional and service based businesses such as restaurants, transportation/logistics, healthcare, energy, and industrial products/services. The Firm's target investment size is $50 to $250 million of equity capital and EBITDA in excess of $7 million. Prospective transaction situations include traditional management buyouts, growth capital financings, divestitures, consolidations, and recapitalizations. Irving Place is based in New York City.


Deal Context for Buyer #
Overall 43 of 49
Sector: Apparel/Textiles 4 of 4
Type: Buyout (LBO, MBO, MBI) 13 of 15
State: New York 9 of 9
Country: United States 34 of 40
Year: 2013 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-28 Chromalox

Pittsburgh, Pennsylvania, United States

Chromalox, Inc. is a provider of electrical products, systems and solutions for industrial process heating and temperature management. Chromalox, Inc. was founded in 1915 and is based in Pittsburgh, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-03 Chesapeake

Old Amersham, United Kingdom

Chesapeake is a manufacturer of value-added specialty paperboard packaging, including folding cartons, leaflets and labels for the pharmaceutical, confectionary and drinks markets, as well as rigid plastic packaging for niche markets in Europe and Africa.

Sell -