Eric Bacon, senior managing director at Linsalata Capital Partners calls the swimwear line “recession-resistant.” He says it has performed well despite the tough economic climate.
“We are pleased to be partnering with LinCap as we enter a period of aggressive expansion," adds Colvin. "Their experience in the sector will undoubtedly be helpful as we manage our growth going forward.”
Existing management will maintain their current positions.
Linsalata Capital Partners has a more than 25-year track record of investing in middle-market companies, helping to accelerate their growth. << PREVIOUS PAGE