Partnership
LNK partnered with management and invested $100 million of equity in a minority PIPE to support PVH’s acquisition of Tommy Hilfiger.
The LNK team has a long history with PVH, having partnered with the company before while at a previous private equity firm, helping the company acquire and build the Calvin Klein brand.
The LNK team was excited to partner with PVH a second time, this time helping the company acquire and build the Tommy Hilfiger brand.
Background
PVH is one of the largest lifestyle apparel companies in the world with a diversified portfolio of iconic lifestyle brands led by Calvin Klein and Tommy Hilfiger.
PVH has evolved from its 1881 roots to become a diversified global company through a combination of strategic acquisitions and by successfully growing its brands globally across the wholesale, retail, e-commerce and licensing channels. PVH leverages its best-in-class global infrastructure, sourcing network, brand-focused management and marketing teams to support each of its brands.