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ABG Gets New Investor

Lion Capital, a consumer-focused investment firm, will acquire a minority interest in Authentic Brands Group.

April 6, 2018

1 Min Read

Minority stake investment will help in the next step in ABG’s development.

Investment firm Lion Capital has acquired a minority interest in Authentic Brands Group from certain of ABG’s existing shareholders.

The terms of the transaction were not disclosed.

ABG was founded in 2010 and is a portfolio company of Leonard Green & Partners. It owns a portfolio of fashion, sports and entertainment properties, which includes brands and celebrities such as Elvis Presley, Marilyn Monroe, Shaquille O’Neal, Juicy Couture, Judith Leiber, Spyder and Tapout, among others.

"After spending time with Jamie and the ABG team, I have gained a tremendous respect for the platform the ABG team has built," says Lyndon Lea, partner, Lion Capital. "Jamie and I saw appealing synergies between ABG and Lion Capital, and our investment represents an exciting next step for the development of ABG.”

Lion Capital is known for its international expertise with brands such as AllSaints, Jimmy Choo, John Varvatos and more.

“Jamie and his team have build an incredible business in a short timeframe and we are genuinely proud of all the company’s success,” says Jonathan Seiffer, senior partner, Leonard Green & Partners. “We are excited to have Lion Capital partner with us and management as ABG continues to expand grow its portfolio.”

Leonard Green & Partners Jamie Salter, chairman and chief executive officer of ABG, will remain the majority owners of ABG upon completion of the transaction.

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Authentic Brands Group
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