Launched in 2013 by Joanna Griffiths, Knix has been reinventing the intimates class by combining efficiency, expertise, and design to make lovely and purposeful merchandise that serve their clients at each stage of life. Whereas Knix is a pioneer of leakproof underwear, the model has continued to innovate its product portfolio throughout wi-fi bras, sports activities bras, swimwear, loungewear, shapewear, maternity garments in addition to its teen model, Kt by Knix. Knix sells its merchandise globally by its web site and operates six Knix-owned retail shops in Toronto, Vancouver, and California with plans to additional increase its retailer fleet throughout North America.
“TZP is proud to have partnered with Knix throughout this time of unbelievable development and improvement for the Firm,” stated Erin Edwards, Accomplice at TZP Group. “Knix is really an unbelievable group with an unwavering dedication to innovation, sustainability, group, and inclusivity. We want to thank all the Knix staff for his or her partnership and we stay up for watching the model proceed to thrive in partnership with Essity.” Edwards added “Our partnership with Knix displays TZP’s give attention to investing in digitally native companies and the broader well being and wellness sector, in addition to TZP’s dedication to supporting feminine founder-led companies.”
“TZP Group has been extraordinarily supportive as we executed our growth technique,” stated Joanna Griffiths, Founder and Chief Government Officer of Knix. “We respect TZP’s dedication to our imaginative and prescient and their collaborative strategy was extremely useful all through our partnership. We’re grateful for TZP’s assist and steerage as we continued to develop our enterprise.”
Erin Edwards, Choon Woo Ha, and George Philipose labored on the transaction for TZP.
Observe that the transaction is topic to customary regulatory approvals and is predicted to be finalized within the second half of 2022.
About TZP Group
TZP Group, a multi-strategy non-public fairness agency managing roughly ~$2 billion throughout its household of funds, is targeted on management, development fairness, and structured capital investments in expertise, enterprise providers, and client corporations. Based in 2007, TZP targets corporations with strong historic efficiency and sustainable worth propositions and goals to be a “Accomplice of Selection” for enterprise house owners and administration groups. TZP seeks to speculate primarily in intently held, non-public corporations by which the house owners need to retain a major stake and associate with an investor with complementary working and monetary expertise to speed up firm development, improve profitability, and maximize the worth of their retained stake. TZP leverages its funding professionals’ working and funding expertise to offer strategic and operational steerage and is devoted to long-term worth creation. For extra info, please go to www.tzpgroup.com.
About Knix
Knix is a direct-to-consumer intimate attire model that’s re-inventing intimates for each stage of life. By means of progressive merchandise and a community-first strategy, Knix is on a mission to empower folks in all places to dwell unapologetically free. Each product, marketing campaign and picture that Knix places into the world is tied to this mission that has been embedded within the firm’s DNA since day one. Since its inception, Knix has been size-inclusive, providing sizes XS-XXXXL and as much as a 42G in wi-fi bras, and has centered on utilizing actual clients on its web site, advert campaigns, and social media. Based in 2013, Knix is likely one of the quickest rising DTC manufacturers in North America and is globally acknowledged as an innovator and disrupter throughout the attire house. A Knix merchandise is bought each six seconds and the model was lately named Technique Journal’s 2020 Model of the 12 months whereas Founder and CEO Joanna Griffiths was named one among 2020’s Most Admired CEOs. For extra info go to Knix.com/Knix.ca and @knixwear on social media.
For extra media inquiries please contact:
Dan Gaspar, Accomplice | [email protected]
SOURCE TZP Group
