LionRock Capital news and archive

LionRock acquires outdoor brand Haglöfs

Private equity firm LionRock has acquired Swedish outdoor brand Haglöfs AB from Asics Corporation. Headquartered in Bromma, Sweden, Haglöfs has been a wholly-owned subsidiary of Asics since 2010. It is currently sold in 28 countries and offers outdoor performance clothing, footwear and hardware. Daniel Tseung, founding partner at LionRock, said...

BusinessFeatured

Clarks majority stake acquisition completed, new CEO named

Hong Kong-based private equity firm LionRock Capital has completed its 100 million pound investment in Clarks. The deal was first announced back in November, with LionRock agreeing to acquire a 51 percent majority stake in Clarks provided the British footwear retailer received approval from creditors to launch a company voluntary arrangement...

Business

Clarks saved in 100 million pound deal

LionRock Capital has agreed to acquire a 100 million pound majority stake in Clarks provided the British footwear retailer gets the green light from creditors to launch a company voluntary arrangement (CVA). As part of the proposed CVA, Clarks is looking to move 60 of its 320 stores to nil rent, it said Thursday, adding that no stores have yet...