Jaanuu Scores $75 Million Eurazeo Investment

  • 📰 wwd
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 68%

United States News News

United States United States Latest News,United States United States Headlines

The private equity giant took a minority stake to help power the medical scrubs company’s expansion.

The four-and-half-year-old Eurazeo Brands division was spearheaded by Granoff and has made 12 investments — including Herschel Supply Co. and Bandier — digging into major consumer themes.

Over the past year, Jaanuu tapped two Nike Inc. veterans, Dan Adler as chief marketing officer and Scott Shepley as vice president of brand offering, and hired its first chief financial officer, Marshall Lai. And certainly it’s a consumer base that needs a little TLC right now, with the Omicron variant filling up hospitals and stressing the health care system generally.

“It’s a little bit different when you’re a brand that is cofounded by one of them, you’re sort of standing shoulder-to-shoulder, you’re on the front lines together,” he said. “It’s a trying profession and [we’re] able to understand their journey to achieve greatness or perform at their best and then understand what’s needed on the recovery side.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WSJ News Exclusive | Apollo Leads $225 Million Investment in Alternatives Platform CAISApollo Global Management is investing in CAIS, a platform that gives independent financial advisers access to alternative investment products. BREAKING: no one ever learns. apolloglobal Glazers out they have destroyed our beloved club Manchester United with dividends and debt get those bums out!!!!!!
Source: WSJ - 🏆 98. / 63 Read more »

Billionaire Ken Griffin's Citadel Securities Valued At $22 Billion After $1.2 Billion Investment From Sequoia, Crypto VC ParadigmCitadel Securities CEO Peng Zhao said the investment puts the firm 'in an even stronger position' to help scale the business and broaden into new markets
Source: Forbes - 🏆 394. / 53 Read more »