All New Era Cap articles
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News briefsNew Era hires GM for North America
New York-based licensed headwear company New Era Cap hired Steve Gallo as GM for North America back in September, reporting to co-Presidents Jim Grundtisch and Jim Patterson. The news follows recent reports that New Era is planning an initial public offering that would value the company at $4 billion to ...
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News briefsNew Era Cap reportedly preparing for IPO
According to a Reuters report based on trusted sources who wish to remain anonymous, Buffalo, New York-based New Era Cap, best known for its official licensing partnerships with MLB and the NFL, has begun preparations for an initial public offering in New York that could be valued at $4 billion ...
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News briefsAcon Investments Fund invests another $700 million in New Era Cap
Acon Investments, a Washington, D.C.-based private equity firm, today announced the closing of Acon Strategic Partners II, a new single-asset continuation fund of approximately $700 million in connection with the partial sale of the Acon Equity Partners IV portfolio investment to and the increase of the existing investment in New ...
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Article
New Era Cap is refinancing itself
New Era Cap wants to refinance its existing debt, including the convertible bonds held by a minority shareholder, ACON Investments, after scoring major improvements in sales and profits in the last few months. The actual revenues of the U.S.-based headwear and apparel company, controlled by the Koch family since its ...
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Case StudyNew Era Cap’s success story in Europe
While it is still lower than in its domestic U.S. market, the European turnover of New Era Cap has more than tripled since Paul Gils began to run the company’s business in EMEA and India in 2012, thanks to a variety of initiatives and the sheer fact that its baseball-inspired ...
