After clicking on a story, use the back arrow in your browser to return to your search results. EY refers to the global organization, and may refer to one or more, of the member firms ofErnst & YoungGlobal Limited, each of which is a separate legal entity. Copyright document.write(new Date().getFullYear()) Tower Arch Capital LLC. 2022 Middle Market Information LLC. Cision Distribution 888-776-0942 KNS warehouses and fulfills every order straight to the end consumer's door directly from the KNS warehouse based in Draper, Utah. For 35 years, EY US has honored entrepreneurs whose ambition, courage and ingenuity have driven their companies' success, transformed their industries and made a positive impact on their communities. www.journeecollection.com. "I am honored to be recognized by EY among such an incredible group of entrepreneurs," said Jeremy Pope. The Entrepreneur Of The Year program has honored the inspirational leadership of entrepreneurs such as: About KNS International / Journee Collection Footwear. The Company has proven their ability to execute and optimize the online retail model and their expertise in developing brands that matter to consumers. Target investments include control positions in entrepreneur and familyowned businesses with revenue between $20 million and $150 million or EBITDA between $5 million and $25 million. These teams support the full spectrum of private enterprises including private capital managers and investors and the portfolio businesses they fund, business owners, family businesses, family offices and entrepreneurs. EY Private teams offer distinct insights born from the long EY history of working with business owners and entrepreneurs. Tower Arch brings operational, consulting, and financial expertise to small companies to give them the tools they need to achieve their full potential. All rights reserved. The terms of the transaction are not being disclosed. For more information, please visit www.knsint.com. 98 0 obj <>/Filter/FlateDecode/ID[<8D286C4B32352CCFB0A606424F4B7E3D><395F5AA986225F4A92A92171ECBDA0EF>]/Index[92 21]/Info 91 0 R/Length 52/Prev 436881/Root 93 0 R/Size 113/Type/XRef/W[1 2 1]>>stream EY member firms do not practice law where prohibited by local laws. United States, hVmo0+B/IGBZJioZ"!tHx0=wK*r|. We were honored that Jeremy trusted us to be partners and be stewards of his business for the last four years.. 92 0 obj <> endobj The largest apparel/textiles acquisition in 2021 was Reebok International - which was acquired by Authentic Brands Group for $2.5B. Tower Arch Capital Partners With Intelligent Technical Solutions Brian Niccol of Chipotle Mexican Grill, Inc. Andreas Bechtolsheim and Jayshree Ullal of Arista Networks. 12552 S 125 W, Suite 200, Award winners in several national categories, as well as the Entrepreneur Of The Year National Overall Award winner, will be announced in November at the Strategic Growth Forum, one of the nation's most prestigious gatherings of high-growth, market-leading companies. KNS is a special company that stands out due to the dedication and commitment to their customers and retail partners. It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. %%EOF endstream endobj startxref It connects them with their peers to strengthen entrepreneurship around the world. Founded and produced by Ernst & Young LLP, the Entrepreneur Of The YearAwards are nationally sponsored by SAP America andthe Kauffman Foundation. Headquartered in Salt Lake City, UT, Tower Arch Capital is a lowermiddle market private equity fund. %PDF-1.6 % i fpd i mn2* 4> (801) 619-2187 ", Dave Parkin, a Partner at Tower Arch, added, "We are thrilled to be partnering with Jeremy Pope, KNS President Michael Kelly, and the rest of the KNS team. Tower Arch seeks to partner with and grow a highquality family and entrepreneurowned companies to deliver longterm value for their management teams and investors. 0 hb```f``d`b`Lcb@ !3#|*85a^Po{Ov^p,2uZd38X",;N Tower Arch creates value in a range of industries and works with companies across the United States. KNS International began in 2001 as one of the first drop shipfocused suppliers in the nation. Jeremy Pope was selected by an independent panel of judges, and the award was announced during the program's virtual awards gala on July 29. Recently Acquired Apparel/Textiles Companies, Recently Acquired United States Companies, M&A research that takes seconds (not all afternoon), Better understand your customers and prospects. from 8 AM - 9 PM ET. For more information about our organization, please visit ey.com. For more information, please visit www.journeecollection.com. When typing in this field, a list of search results will appear and be automatically updated as you type. Draper, Utah For more information, please visit www.towerarch.com. Founder and CEO Jeremy Pope said, "Partnering with Tower Arch Capital will help us accelerate our growth and expand our branded product portfolio to our customers and enhance our dropshipping expertise. Centre Partners Acquires KNS International. 84020 "I am proud of the company we have built over nearly 20 years, and would like to recognize the incredible leadership talent of my team as we continue to innovate within the footwear industry." Tower Arch shares our vision of what KNS can become. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today. They focus on partnering with and growing high-quality family and entrepreneur-owned companies to deliver long-term value for their management teams and investors. EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets. Our experience with KNS is representative of Tower Archs commitment to helping family and founderowned businesses reach their next level of growth and success while delivering superior returns to our investors. Entrepreneur Of The Year is the world's most prestigious business awards program for unstoppable entrepreneurs. Out of 60 sectors in the Mergr database, apparel/textiles ranked 40 in number of deals in 2021. Journee Collection is a designer and distributor of branded products across multiple categories with special focus on women's and men's shoes, including products under Journee Collection and other brands, and is a preferred partner for national retailers looking to optimize inventory and expand online product offerings. These visionary leaders deliver innovation, growth and prosperity that transform our world. National overall winners go on to compete for the EY World Entrepreneur Of The Year title. The Company designs and distributes branded products across multiple categories, including products under Journee Collection and other brands, and is a preferred partner for national retailers looking to optimize inventory and expand online product offerings. Join Mergr to view all 55 acquisitions of apparel/textiles companies in 2021, including 18 acquisitions by private equity firms, and 37 by strategics. Tower Arch seeks to partner with and grow high-quality family and entrepreneur-owned companies to deliver long-term value for their management teams and investors. Salt Lake City Tower Arch Capital LLC (Tower Arch) is pleased to announce that it has sold KNS International LLC (KNS) to an affiliate of Centre Partners Management LLC (Centre Partners). Entrepreneur Of The Year is the first and only truly global awards program of its kind. Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone. As a Utah Region award winner, Jeremy Pope is now eligible for consideration for the Entrepreneur Of The Year 2021 National Awards. Headquartered in Salt Lake City, UT, Tower Arch Capital is a lower-middle market private equity firm. We have all been inspired by Jeremys leadership and dedication to KNS and we are excited for the companys next chapter with Centre Partners. We have entered into new retail partnerships, introduced new brands, entered new categories, and been better able to deliver our footwear to millions of consumers across the country., David Parkin, a Partner at Tower Arch commented, Our partnership with Jeremy Pope and the KNS leadership team has been incredibly rewarding. We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them. Visit ey.com/us/private. About KNS International, LLCFounded in 2002, KNS has grown from the nascency of ecommerce and is at the forefront of online retail. KNS Founder and CEO Jeremy Pope says, I am deeply proud of what the entire KNS team has been able to accomplish since our partnership with Tower Arch. 112 0 obj <>stream KNS offers a highly differentiated, datadriven drop-ship model which provides retailers and etailers with a very capital-efficient way to expand their online product offering. Tower Arch seeks to bring operational, consulting, and financial expertise to small companies to give them the tools they need to achieve their full potential. KNS International / Journee Collection Footwear began in 2001 as one of the first drop ship-focused suppliers in the nation. KNS is a leading US designer of attainable, branded footwear delivering value to bluechip retailers and etailers via techenabled ecommerce and drop shipping fulfillment models. Target investments include control positions in entrepreneur and family-owned businesses with revenue between $20 million and $150 million or EBITDA between $5 million and $25 million. Tower Arch was advised on the transaction by Stifel, Kirkland & Ellis LLP, and BDO LLP. The program engages entrepreneurs with insights and experiences that foster growth. Journee Collection was established in 2002 and is based in Draper, Utah. The KNS design team develops all of their styles out of their Salt Lake City headquarters. ey.com/us/eoy, As Advisors to the ambitious, EY Private professionals possess the experience and passion to support private businesses and their owners in unlocking the full potential of their ambitions. Use phrases "in quotes" or the tools below to better filter your results. Ernst & YoungGlobal Limited, a UK company limited by guarantee, does not provide services to clients. Since that time KNS has narrowed its focus to become the premier dropship fashion footwear company in the nation, developing its own proprietary brands including Journee Collection, Signature by Journee Collection, Thomas & Vine, Vance Co., and Territory. Tower Arch brings operational, consulting, and financial expertise to small companies to help them improve their operations, scale, and grow. In the Utah Region, sponsors also include Diversified Insurance Group, PNC Bank, Silicon Slopes, Strong & Hanni Law Firm and Truss.
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