Home / Knowledge / News / Fashion / Rosewood Capital to partner with Alternative
Rosewood Capital to partner with Alternative
10
Jun '08
Alternative, premium fashion statements inspired by and created for free-thinking individuals everywhere, announced that it has entered into a partnership with Rosewood Capital, whereby Rosewood has acquired a non-controlling equity position in Alternative.

The existing management team will continue to lead the company. Alternative's founder, chief executive officer and creative director, Greg Alterman, and chief operating officer and co-owner, Evan Toporek will continue to own a significant portion of the company.

Other terms of the transaction were not disclosed. TM Capital Corp served as Alternative's financial advisor for the transaction.

"Alternative has experienced tremendous demand over the past several years, and we decided it was time to add more fuel to the growth of our company and brand, from both a financial and strategic standpoint," said Alterman.

"We feel like we have found an ideal partner in Rosewood and are excited for the future. We believe that Rosewood's broad network of experienced consumer experts will be an amazing strategic resource as we take the company to the next level."

"Rosewood is thrilled to partner with Alternative and help the company build on the impressive foundation it has already established," said Tim Burke, a managing director at Rosewood.

"Greg, Evan and the team have demonstrated that they can deliver industry leading fabrications and styles, repeatedly, and can manage the rapid growth that is transpiring as consumers seek out the Alternative brand.


Must ReadView All

Trump signs revised free trade agreement with S Korea

Textiles | On 25th Sep 2018

Trump signs revised free trade agreement with S Korea

President Donald Trump signed a revised free trade agreement with...

L-R: Jonathan Akeroyd, Donatella Versace, John D Idol. Courtesy: Rahi Rezvani

Fashion | On 25th Sep 2018

Michael Kors to acquire Versace; to be renamed Capri

Michael Kors Holdings Limited, a global fashion luxury group, has...

'India can take up lack of capacity in US, China markets'

Textiles | On 25th Sep 2018

'India can take up lack of capacity in US, China markets'

India can now take up the lack of capacity in the US and Chinese...

Interviews View All

Headhonchos, Indian textile value chain

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Abhishek Samdaria, Reflete

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Nitin Soni, Dolphin Jingwei Machines

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Shivani Swamy,

Shivani Swamy

The Livinguard Technology is owned by Green Impact Holding AG based in...

Kamal Kulshreshth,

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Mala Alwani,

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Mark Paterson, Technical Absorbents Ltd

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Paige Mullis, Glen Raven Inc

Paige Mullis
Glen Raven Inc

Paige Mullis discusses the expansion plans of Glen Raven Inc in India, and ...

Kazuaki Yazawa, Purdue University

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

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

Ritu Kumar, Label Ritu Kumar

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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


October 2018

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

news category


Related Categories:

Advanced Search