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Sequential sells activewear brands to private equity for $330M

Galaxy Universal to Acquire Leading Active Brands And1, Avia, Gaiam and SPRI

Galaxy Universal to Acquire Leading Active Brands And1, Avia, Gaiam and SPRI

NEW YORK, Oct. 29, 2021 /PRNewswire/  Today Galaxy Universal, LLC , a portfolio company of Gainline Capital Partners , announced that it has agreed to acquire the And1, Avia, Gaiam and SPRI. | October 29, 2021

Gainline Capital Partners Announces Acquisition of Galaxy Universal LLC

Gainline Capital Partners Announces Acquisition of Galaxy Universal LLC News provided by Share this article Share this article STAMFORD, Conn., May 6, 2021 /PRNewswire/  Gainline Capital Partners ( Gainline ), announced that it has formed Galaxy Universal LLC ( Galaxy or the Company ), which aspires to be the leading independent brand owner, producer, sourcing company and brand consultant in the sports and outdoors industry. On December 29, 2020, Galaxy acquired the ESO Active Division ( Galaxy Active ) from E.S. Originals, Inc. in a carve out transaction. Galaxy Active is one of the leading privately held importers and wholesalers of athletic and outdoor footwear in the United States. Galaxy Active licenses the brands AND1, Avia, London Fog and Justice, among others.

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