Littlejohn & Co, a middle-market private equity and special situations investment firm, is to sell alphabroder, a supplier of trade, retail, apparel brands and branded imprintable products, to Clayton Dubliner & Rice portfolio company S&S Activewear.
Terms of the transaction have not been disclosed.
Based in Trevose, Pennsylvania, alphabroder is a supply chain partner for blank and decorated apparel and hard goods in North America for uniforms, corporate apparel, promotional products and athletics. Under Littlejohn’s ownership, the company doubled its revenue and tripled earnings, as well as expanding its digital capabilities and product portfolio to include hard goods and retail and private brands apparel.
Littlejohn’s sale of alphabroder marks its fourth portfolio company sale since last September. The transaction is subject to customary closing conditions and is expected to close later this year.
Harris Williams and Sheppard Mullin advised alphabroder.
