Clearview Capital Fund IV has recapitalised Inventive, a designer, developer and manufacturer of products for the towing, fishing, ATV/UTV and garage end-markets. The deal marks the fund’s fourth platform investment in the outdoor industry and the sixth platform investment in the outdoor industry across all Clearview Capital funds.
Inventive also represents the fourth platform investment Fund IV has made in collaboration with Vertikal Brands, a team established by Clearview Capital which includes former members of the Battenfeld Technologies management team, to pursue the acquisition of premium brands in the outdoor industry.
Founded in 2006, Inventive, which provides domestically manufactured products to its customers, will continue to be led by Chuck Ceccarelli, the company’s executive director and founder, who has retained a significant equity stake in the recapitalised business.
