Vertikal Brands Closes Second Deal in Three Months with Acquisition of Real Avid
November 3, 2020
Clearview Capital Fund IV, L.P. and its affiliates (“Fund IV”) announced today the recapitalization, in partnership with management, of Revo Brand Group, LLC d/b/a Real Avid (“Real Avid” or the “Company”). Real Avid will operate in partnership with Vertikal Brands, a holding company established by Clearview Capital in partnership with, and managed by, former members of the Battenfeld Technologies management team, to pursue the acquisition of premium brands in the outdoor industry. The transaction closed on October 30, 2020...