Clearview Capital Fund IV, and its affiliates (Fund IV) have partnered with the management of Insight 2 Design to recapitalise the company.
The Company will continue to be led by Nick Vaughn, Co-Founder and CEO, who retained a significant equity stake in the recapitalised business. Several other key members of the management team made investments alongside Fund IV and Vaughn.
The transaction represents Fund IV’s third platform investment in the outdoor industry and the fifth platform investment in the outdoor industry across all Clearview funds. I2D also represents the third platform investment Fund IV has made in collaboration with Vertikal Brands, a holding company established by Clearview Capital in partnership with, and managed by, former members of the Battenfeld Technologies management team, to pursue the acquisition of premium brands in the outdoor industry.