Equip Outdoor Technologies

Outdoor clothing brands

www.equipuk.com

Mobeus Equity Partners invested £4.5m of acquisition finance to Equip Outdoor Technologies, owner of the world-renowned Rab range of mountaineering clothing.

DEAL

Mobeus provided finance to enable Equip to acquire the Lowe Alpine clothing and rucksack brand from an Italian administrator.

FINANCE

Mobeus worked alongside a leading clearing bank, providing the £4.5m equity component of an overall £20m funding package.

MANAGEMENT SOLUTION

Mobeus introduced a Chairman at completion with a strong background in the clothing, textiles and branded sectors.

TRANSACTING EXPERTISE

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.

Information

Chris Price
Sector:
Consumer Products
Type:
Management Buyout
Status:
Current
Date:
October 2011
Value:
£4.5m
Leader:
Chris Price