Hilco Capital sells Tilley Endurables to Gibraltar & Co
U.K. private equity firm Hilco Capital has sold Tilley Endurables Inc, a Toronto-based hat and apparel designer and manufacturer, to Gibraltar & Co. No financial terms were disclosed. Tilley, founded in 1980 by Canadian entrepreneur Alex Tilley, makes lightweight, hard-wearing clothing and accessories for adventurers and travellers. Its products, which include the iconic Tilley Hat, are sold in retail outlets worldwide. The company was acquired in July 2015 by Re:Capital Canada, a Hilco investment platform. Gibraltar & Co, a Canadian investment firm focused on consumer product companies, is led by Founder, CEO and Managing Partner Cam di Prata.
30 July 2018•2 mins read
