Equip Outdoor Technologies
Outdoor clothing brands
Mobeus Equity Partners invested £4.5m of acquisition finance to Equip Outdoor Technologies, owner of the world-renowned Rab range of mountaineering clothing.
Mobeus provided finance to enable Equip to acquire the Lowe Alpine clothing and rucksack brand from an Italian administrator.
Mobeus worked alongside a leading clearing bank, providing the £4.5m equity component of an overall £20m funding package.
Mobeus introduced a Chairman at completion with a strong background in the clothing, textiles and branded sectors.
The transaction was run on a very tight timetable by the Italian administrator. It was crucial for Equip to work with a reliable funding partner that would deliver on time and on agreed terms. This was a very complex transaction with significant expertise required to understand the working capital and funding requirements.
- Consumer Products
- Management Buyout
- October 2011
- Chris Price