The Rockport Group Closes Acquisition of the Reef® Brand
October 29 2018 - 7:00AM
The Rockport Group (Rockport), a leading maker of casual and dress
shoes, today announced that it has completed the acquisition of the
Reef® brand from VF Corporation, a global leader in branded
lifestyle apparel, footwear and accessories. Rockport is a
portfolio company of certain affiliates of Charlesbank Capital
Partners, LLC, a middle-market private equity firm.
The announcement follows the October 4, 2018 news release in
which Rockport announced that it had entered into a definitive
agreement regarding the purchase of this business. Terms of the
agreement were not disclosed.
About The Rockport Group The Rockport Group is
home to the Rockport, Aravon and Dunham brands. With its diverse
assortment of men's and women's footwear, products from The
Rockport Group can be found in various retail channels in more than
50 countries worldwide. Headquartered in the Greater Boston area,
The Rockport Group is committed to its history of innovation and a
consumer-centric approach to style, fit and comfort. For more
information, visit www.rockport.com.
About Charlesbank Capital Partners Based in
Boston and New York, Charlesbank Capital Partners is a
middle-market private euity investment firm managing more than $5
billion of capital. Charlesbank focuses on management-led buyouts
and growth capital financings and also engages in opportunistic
credit investments. The firm seeks to partner with strong
management teams to build companies with sustainable competitive
advantage and excellent prospects for growth. For more information,
please visit www.charlesbank.com.
About VF VF Corporation (NYSE: VFC) outfits
consumers around the world with its diverse portfolio of iconic
lifestyle brands, including Vans®, The North Face®, Timberland®,
Wrangler® and Lee®. Founded in 1899, VF is one of the world’s
largest apparel, footwear and accessories companies with socially
and environmentally responsible operations spanning numerous
geographies, product categories and distribution channels. VF is
committed to delivering innovative products to consumers and
creating long-term value for its customers and shareholders. For
more information, visit www.vfc.com.
The Rockport Group Contacts:Bill RileyVice
President, Marketing (617) 213-6200 bill.riley@rockport.com
Amie Hansen Vice President, Strategy (617) 213-6068
amie.hansen@rockport.com
VF Corporation Contacts: Joe Alkire Vice
President, Corporate Development, Investor Relations and Financial
Planning & Analysis (336) 424-7711 Joe_alkire@vfc.com
Craig HodgesSenior Director, Corporate Communications (336)
424-5636Craig_hodges@vfc.com
Charlesbank Contact: Maura Turner Vice
President, Communications & Investor Relations (617) 619-5457
mturner@charlesbank.com
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