Platinum Equity
Mergers. Acquisitions. Operations.
 

Mergers. Acquisitions. Operations.

Elevate Textiles

Industrials • Public-to-Private Transaction • Acquired in October 2016

Diversified manufacturer of textile fabrics and thread with operations in North America, Latin America, Europe, and Asia.



KEY FACTS

  • Acquired International Textile Group via a Public-to-Private transaction in October 2016. Acquired American & Efird in May 2018 and rebranded the combined businesses as Elevate Textiles, Inc. (“Elevate”) in January of 2019.
  • Elevate is the parent company of American & Efird, Burlington, Cone Denim, Gütermann and Safety Components, creating a portfolio of leading global brands that provide innovative solutions and premium textile products throughout the world.
  • Manufactures a wide range of fabrics and threads across vast industries including fashion and functional apparel, footwear, military, fire, medical, athletic, automotive, aerospace, outdoor, and other specialty sectors.
  • Elevate Textiles services 25,000 customers in over 100 countries and across six continents via a global footprint that includes 37 facilities and over 15,000 employees.

INITIATIVES

  • Optimize operations across procurement and sales.
  • Pursue organic growth, product diversification, and green field facilities.
  • Identify and execute synergistic add-on acquisitions.
 

NEWS


updated 1/19
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