S&S Activewear

S&S Activewear Acquired By Private Equity Firm Clayton, Dubilier & Rice

S&S Activewear has been acquired by private investment firm Clayton, Dubilier & Rice (CD&R) wherein CD&R-managed funds will invest alongwith current owners and management for the acquisition.

The deal is expected to be closed in the first quarter of this year where S&S President Jim Shannon will assume the role of CEO and CD&R Operating Partner John Compton will become chairman of the board.

“This transaction is an important milestone for S&S Activewear and a validation of our continued success; as successful as we have been over the last two decades, we believe our growth story is just beginning,” says Shannon.

Shannon further added, “CD&R has a deep understanding of our business, from sourcing, freight and distribution center scaling to technology and sales and marketing.”

To this Ken Giuriceo, CD&R partner, further added, “We are delighted to partner with a talented, entrepreneurial S&S team that shares our core values in a business we know and understand.”

Proudly serving CRA customers since 2005, Darren always has his eye on the big picture and is deeply dedicated to all things that deliver customer happiness.

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