Equip Outdoor Technologies
Outdoor clothing brands
Mobeus VCT Fundraising
Equip Outdoor Technologies is the owner of the Rab range of performance clothing.
We provided finance to enable Equip to acquire the Lowe Alpine clothing and rucksack brand from its Italian administrator. We worked alongside a leading clearing bank, providing the £4.5m equity and VCT loan component of an overall £20m funding package. We also introduced a Chairman at completion with a strong background in the clothing, textiles and branded sectors.
The transaction was run on a very tight timetable by the Italian administrator. It was crucial for Equip to work with a reliable funding partner that would deliver on time and on agreed terms. This was a complex transaction with significant expertise required to understand the working capital and funding requirements.