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Authentic acquires majority stake in OVO

PRIVATEAug 27, 2026about 3 hours ago

Acquiring Company

Authentic Brands Group

Acquired Company

OVO

BristolEnergyOil And Gas

Description

Authentic Brands Group announced the acquisition of a majority stake in OVO's intellectual property, with Drake retaining a significant ownership stake. This partnership aims to expand OVO's global influence while preserving its creative vision. Vince Holding Corp. has also acquired OVO's operating business, contributing to the brand's design and retail strategy.

Company Information

Company

Authentic Brands Group

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Frequently asked

Who acquired OVO?

OVO was acquired by Authentic Brands Group. The deal was reported on August 27, 2026. Authentic Brands Group is privately held.

When did Authentic Brands Group acquire OVO?

Authentic Brands Group's acquisition of OVO was reported on August 27, 2026. Authentic Brands Group announced the acquisition of a majority stake in OVO's intellectual property, with Drake retaining a significant ownership stake. This partnership aims to expand OVO's global influence while preserving its creative vision. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does OVO do?

OVO is an energy company focused on providing a world-class experience to its customers. It has recently acquired SSE's retail arm and aims to expand its reach in the energy market. It is privately held, operating in Energy, and is based in Bristol.

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