Acon Investments acquires majority stake in True Religion to expand product offering and global reach
Acquiring Company
Acon Investments
Acquired Company
True Religion Apparel
WashingtonLos AngelesVenture CapitalE CommerceFashionLifestyleDescription
True Religion, the renowned American clothing company, has announced that private equity firm Acon Investments has acquired a majority stake in the company. This acquisition is aimed at expanding True Religion's product offering and global reach, while allowing the company to continue operating independently. Financial terms of the deal were not disclosed. The partnership with Acon and SB360 is expected to enhance True Religion’s digital and retail capabilities, accelerate international growth, and continue innovating its apparel offering.
Quick answer
Acon Investments is acquiring True Religion Apparel, announced January 7, 2025. Acon Investments is based in Washington, District Of Columbia, United States.
- How much did Acon Investments pay for True Religion Apparel?
- The deal value was not disclosed.
- What does Acon Investments do?
- Acon Investments is a private equity firm focusing on small to mid-sized companies that have strong potential for building value.
- Where are Acon Investments and True Religion Apparel based?
- Acon Investments is based in Washington, District Of Columbia, United States. True Religion Apparel is based in Los Angeles, California, United States.
- Who are the decision-makers at Acon Investments?
- Fundz holds 1 contact at Acon Investments. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired True Religion Apparel?
True Religion Apparel was acquired by Acon Investments, based in Washington. The deal was reported on January 8, 2025. Acon Investments is a private equity firm focusing on small to mid-sized companies that have strong potential for building value. Acon Investments is privately held and operates in Venture Capital.
When did Acon Investments acquire True Religion Apparel?
Acon Investments's acquisition of True Religion Apparel was reported on January 8, 2025. True Religion, the renowned American clothing company, has announced that private equity firm Acon Investments has acquired a majority stake in the company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does True Religion Apparel do?
True Religion Apparel, Inc. is a global lifestyle, apparel, and accessories brand known for disrupting the denim scene. It is privately held, operating in E Commerce, and is based in Los Angeles.
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