Valesco Industries and Riveria Investment Group, two US-based private equity firms, completed the acquisition of Fabian Couture Group International Inc., a designer and wholesaler of men’s formalwear, uniforms, and accessories.

AcquirerValesco Industries and Riveria Investment Group (US)
TargetFabian Couture Group International Inc. (US)
ValueUndisclosed
TypeBuyout
Closing DateMay 1, 2018
Announcement DateMay 20, 2018
Advisors - Buy-sideTriangle Capital LLC

Rationale

The acquisition aims to support the continued growth of Fabian Couture Group's legacy formalwear business and facilitate expansion into new uniform markets. The transaction will also enable the company to enhance its product offerings for the rental, retail, and hospitality sectors.

Context

Fabian Couture Group International has established itself as a key player in the formalwear industry through a portfolio of premium brands catering to men's formal wear. With the backing of Valesco Industries and Riveria Investment Group, the company expects to leverage strategic investments to expand its reach within both existing and emerging markets.