Home / Knowledge / News / Apparel/Garments / Revolution brings additional entrepreneurial resources to Dove
Revolution brings additional entrepreneurial resources to Dove
10
Dec '09
Revolution Capital Group, a Los Angeles based private investment firm, founded by Robert Loring Jr. and Cyrus Nikou, announced a definitive agreement to acquire Dove Professional Apparel, a San Diego based manufacturer of medical uniforms servicing the healthcare and educational sectors.

“Dove has been extremely successful in this difficult economy and has sustained a strong growth rate while maintaining a superior level of service to its existing customer base,” said Ivan Ivankovich, Revolution's Chief Financial Officer.

Established in 1985, Dove is a nationally recognized brand and is the largest company in its marketplace. Dove's products are used in hospitals throughout the U.S. and are recognized as a superior brand leader in the medical and educational communities.

Founding Partner Cyrus Nikou stated, “Revolution brings additional entrepreneurial and operational resources to Dove's Management team. We will aggressively look to grow the business organically as well as through acquisition. They have done a great job here of establishing brand equity, superior quality products and a well diversified customer base. We are excited about taking this business to the next level.”

Rick Bigelow, Revolution Capital Group's Managing Director and Head of Operations, will lead Dove's Management team and act as Dove's COO. “I am looking forward to building upon what has been created here thus far, and I am happy about the prospects in the medical and educational markets.”

The acquisition marks the first deal for Revolution Capital Group since its founding in January of this year. Robert Loring, Founder and Managing Partner of Revolution stated, “This deal marks the beginning of a strategy to provide operational and financial resources to the businesses we buy, fair value to corporations looking to divest, and most importantly, jobs to people in a tough economic landscape.”

Dove Professional Apparel


Must ReadView All

IOC, MCPI to set up ₹1000 cr PSF unit in Odisha

Textiles | On 23rd May 2018

IOC, MCPI to set up ₹1000 cr PSF unit in Odisha

Indian Oil Corporation (IOC) has teamed up with Materials Chemicals...

Courtesy: Marks and Spencer

Apparel/Garments | On 23rd May 2018

M&S to close 14 Clothing & Home stores by 2019

Marks & Spencer (M&S), a leading British multi-national retailer,...

Garment products dominate across textile businesses: FESPA

Textiles | On 23rd May 2018

Garment products dominate across textile businesses: FESPA

Garment products dominate across all textile businesses, with sports...

Interviews View All

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search