Investment Summary

Stripes, TZP Group, Cohesive Capital Partners and STORY3 Capital Partners Invest In The Black Tux

On September 9, 2015, growth capital firm Stripes, private equity firm TZP Group, private equity firm Cohesive Capital Partners and private equity firm STORY3 Capital Partners invested in apparel/textiles company The Black Tux

Investment Highlights
  • This is Stripes’ 3rd, TZP Group’s 2nd, Cohesive Capital Partners’ 1st and STORY3 Capital Partners’ 1st transaction in the Apparel/Textiles sector.
  • This is Stripes’ 24th, TZP Group’s 13th, Cohesive Capital Partners’ 6th and STORY3 Capital Partners’ 1st transaction in the United States.
  • This is Stripes’ 7th, TZP Group’s 1st, Cohesive Capital Partners’ 1st and STORY3 Capital Partners’ 1st transaction in California.

Investment Summary

Date 2015-09-09
Target The Black Tux
Sector Apparel/Textiles
Investor(s) Stripes
TZP Group
Cohesive Capital Partners
STORY3 Capital Partners
Deal Type Growth Capital

Target

The Black Tux

Santa Monica, California, United States
The Black Tux is a vertically integrated e-commerce provider of men’s formalwear. The Company designs and manufactures modern suits and tuxedos for rent or keeps. The Black Tux was formed in 2013 and is based in Santa Monica, California.

Search 201,157 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Investor(S) 4

Investor

Stripes

New York, New York, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2008
PE ASSETS 7.3B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Stripes is a private investment firm focused primarily on making minority investments in rapidly growing, private companies. Stripes look to commit $10 to $150 million of equity capital per transaction to support acquisitions, growth equity needs, and provide shareholder liquidity. Target companies generally have high margins and operate in large markets. Sectors of interest include branded consumer products, financial services, medical devices, and technology. Stripes is formed in 2008 and is based in New York City.


DEAL STATS #
Overall 26 of 41
Sector (Apparel/Textiles) 3 of 4
Type (Growth Capital) 8 of 10
State (California) 7 of 11
Country (United States) 24 of 37
Year (2015) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-09 GoFundMe

San Diego, California, United States

GoFundMe is a crowdfunding platform focused on social giving. GoFundMe was founded in 2010 and is based in San Diego, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-15 Califia Farms

Bakersfield, California, United States

Califia Farms is a provider of plant-based beverages like almond milk, coffee, and juices. Califia Farms was formed in 2010 and is based in Bakersfield, California.

Buy -
Investor

TZP Group

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2007
PE ASSETS 1.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

TZP Group is a private equity firm focused on the business and consumer services sectors. Specific areas of interest include franchising, outsourced business, and IT services, marketing and media services, travel content and distribution, real estate services, specialty finance, and consumer health services. TZP looks to invest $10 to $130 million in for minority or minority positions in profitable companies with at least $10 million in revenue. TZP Group was formed in 2007 and is based in New York City.


DEAL STATS #
Overall 14 of 45
Sector (Apparel/Textiles) 2 of 7
Type (Growth Capital) 6 of 18
State (California) 1 of 6
Country (United States) 13 of 42
Year (2015) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-10 Family Entertainment Group

Itasca, Illinois, United States

Family Entertainment Group is a designer, developer, and operator of amusement centers. FEG has partnerships with family-oriented resorts to provide turnkey outsourced solutions for amusement operations ranging from initial design and layout to day-to-day site management and operations. Family Entertainment Group was founded in 2004 and is based in Itasca, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-11 ASSOS of Switzerland

Stabio, Switzerland

ASSOS of Switzerland is a cycling luxury brand known to produce quality and technically sophisticated apparel in the sport. The Company’s rich history of innovation, beginning with the development of the first carbon fiber bicycle frame and first utilization of lycra in cycling apparel, continues today with a range of performance road cycling and mountain biking apparel for summer and winter riding. ASSOS was formed in 1974 and is based in Stabio, Switzerland.

Buy -
Investor
DESCRIPTION

Cohesive Capital Partners is private equity co-investment firm. The Firm looks to invest and work alongside deal sponsors in small to mid-sized companies and will consider businesses operating in any sector. Prospective deal situations include buyouts, growth equity financings, and other opportunistic situations. Cohesive Capital Partners was formed in 2010 and is based in New York City.


DEAL STATS #
Overall 7 of 32
Sector (Apparel/Textiles) 1 of 1
Type (Growth Capital) 2 of 10
State (California) 1 of 5
Country (United States) 6 of 30
Year (2015) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-12 TRP Energy

Houston, Texas, United States

TRP Energy is an oil and gas company focused on investing in upstream assets that offer attractive risk-adjusted returns across premier US basins. The company's multidisciplinary team employs several strategies, from outright operated asset acquisitions to partnering with deep industry relationships, to source attractive opportunities. TRP Energy was founded in 2015 and is based in Houston, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-21 GLG

New York, New York, United States

GLG is a global information platform that provides insights for leading knowledge professionals. Business leaders, investors, consultants, social entrepreneurs, and other top professionals rely on GLG to learn in short- and long-term engagements from more than 425,000 members and other experts. GLG was founded in 1998 and is based in New York City.

Buy $212M
DESCRIPTION

STORY3 Capital Partners is an opportunistic investment firm focused on the consumer and media sectors. The Firm looks to invest $25 to $125 million to support a variety of situations, including buyouts, special situations, minority equity financings, growth financings, and PIPEs. STORY3 Capital Partners was formed in 2017 and is headquartered in Los Angeles, California.


DEAL STATS #
Overall 1 of 6
Sector (Apparel/Textiles) 1 of 1
Type (Growth Capital) 1 of 4
State (California) 1 of 2
Country (United States) 1 of 5
Year (2015) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-01 Harry s

New York, New York, United States

Harry's is a manufacturer and sells shaving equipment and Men's personal care products via online and retail channels. Harry's was founded in 2012 and is based in New York City.

Buy -