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Cvc Completes Investment In A Bathing Ape To Accelerate Global Expansion

Cvc Completes Investment In A Bathing Ape To Accelerate Global Expansion

06/03/21, 11:01 AM
CVC announces the completion of an investment in A Bathing Ape ("BAPE") after the brand became an independent company from I.T Limited. This follows the successful privatization of I.T Limited by Brooklyn Investment Limited, owned by CVC Capital Partners Asia V Limited ("CVC") and the Founder Group of I.T on Friday 30 April 2021. With the investment, CVC has acquired co-control of BAPE.

Company Info

Company
Cvc
Additional Info
CVC is a leading private equity and investment advisory firm with a network of 23 offices throughout Europe, Asia and the US, with approximately US$118 billion of assets under management. Since its founding in 1981, CVC has secured commitments in excess of US$160 billion from some of the world's leading institutional investors across its private equity and credit strategies. Funds managed or advised by CVC are invested in over 90 companies worldwide, which have combined annual sales of approximately US$100 billion and employ more than 450,000 people. CVC Asia has one of the largest and longest-established pan-regional office networks of any private equity business in Asia and has been active in the region since 1999. CVC's Asia private equity strategy is focused on control and partnership investments in high quality businesses, typically with enterprise values between $250 million and $1.5 billion. For further information about CVC's Asia Pacific funds please visit: www.cvc.com/private-equity/asia.
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