Investment Summary

Rosewood Capital Exits Alternative Apparel

On October 18, 2017, Hanes invested in apparel/textiles company Alternative Apparel from Rosewood Capital for 60M

Investment Highlights
  • This is Hanes’ 7th transaction in the Apparel/Textiles sector.
  • This is Hanes’ 6th largest (disclosed) transaction.
  • This is Hanes’ 4th transaction in the United States.
  • This is Hanes’ 1st transaction in Georgia.

Investment Summary

Date 2017-10-18
Target Alternative Apparel
Sector Apparel/Textiles
Investor(s) Hanes
Sellers(s) Rosewood Capital
Deal Type Add-on Acquisition
Deal Value 60M

Target

Alternative Apparel

Norcross, Georgia, United States
Alternative Apparel, Inc. is a fast growing designer, marketer and distributor of premium, apparel. The Company's high quality products include a variety of fashion forward, basic apparel including T-shirts, casual shirts, tops, headwear and other everyday apparel and accessories for women, men and children.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Investor(S) 1

Investor

Hanes

Winston-Salem, North Carolina, United States

Category Company
Founded 1901
Sector Apparel/Textiles
Revenue 3.5B USD (2024)
DESCRIPTION
Entrance to Hanesbrands' corporate headquarters in Winston-Salem, North Carolina.
Entrance to Hanesbrands' corporate headquarters in Winston-Salem, North Carolina.

Hanes is a consumer goods company with a portfolio of apparel brands, including Hanes, Champion, C9 by Champion, Bali, Playtex, Just My Size, L’eggs, barely there, Wonderbra, Gear for Sports, Zorba, Sol y Oro and Rinbros. Hanes was founded in 1901 and is based in Winston-Salem, North Carolina.


DEAL STATS #
Overall 8 of 9
Sector: Apparel/Textiles M&A 7 of 7
Type: Add-on Acquisition M&A Deals 8 of 9
State: Georgia M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2017 M&A 1 of 1
Size (of disclosed) 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-27 Pacific Brands

Richmond, Australia

Pacific Brands is a provider in underwear, footwear, and sports equipment predominantly sourced from China, and bedding manufactured in Australia. Well known brands include Bonds, Berier, Holeproof, Grosby, Clarks, Malvern Star, Dunlop and Slazenger.

Buy $800M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-13 Bras N Things

Alexandria, Australia

Bras N Things is a retailer and online seller of intimate apparel in Australia, New Zealand and South Africa. Bras N Things sells proprietary bras, panties and lingerie sets through a retail network of approximately 170 stores. Bras N Things was established in 1987 and is based in Alexandria, Australia.

Buy $400M

Seller(S) 1

SELLER

Rosewood Capital

Lafayette, California, United States

Category Private Equity Firm
Founded 1985
PE ASSETS 600M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Rosewood Capital is a private equity firm that targets investments in consumer related industries. Examples include branded consumer products and services, retail, restaurant chains, financial services, and outsourced business services. Investment proceeds are typically used to finance growth or provide liquidity for shareholders. Rosewood Capital was formed in 1985 and is based in San Francisco.


DEAL STATS #
Overall 12 of 12
Sector: Apparel/Textiles M&A 2 of 2
Type: Add-on Acquisition M&A Deals 5 of 5
State: Georgia M&A 1 of 1
Country: United States M&A 12 of 12
Year: 2017 M&A 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-27 Carino s Italian Grill

Burlington, Washington, United States

Carino's Italian Grill is a casual, full service Italian dining concept with an innovative menu catering to families and parties of all sizes. The company has over 150 locations in 28 states.

Sell -