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Reading: Authentic Brands Raises $3.5 Billion, Pushes Back IPO
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The Wall Street Publication > Blog > Markets > Authentic Brands Raises $3.5 Billion, Pushes Back IPO
Markets

Authentic Brands Raises $3.5 Billion, Pushes Back IPO

Editorial Board Published November 22, 2021
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Authentic Brands Raises .5 Billion, Pushes Back IPO
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The company behind brands such as Brooks Brothers, Eddie Bauer and Sports Illustrated magazine plans to delay its initial public offering after getting a big new investment from two private-equity firms.

Authentic Brands Group LLC, which develops and licenses its brands to retail operators, said Monday it sold stakes to CVC Capital Partners and HPS Investment Partners in a deal that values the company at $12.7 billion including debt.

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