ABG-Viking, LLC /
Vince, LLC
Authentic Brands Group affiliate to buy Vince intellectual property
- Price
- $76.5m
- Stage
- Agreement signed
What happened
ABG-Viking, LLC agreed to purchase the intellectual property assets associated with Vince, LLC’s VINCE brand. Consideration includes $76.5 million in cash and a 25% ownership stake in ABG Vince.
The transaction is expected to close in May 2023, subject to closing conditions. Vince, LLC will continue its existing operations.
The source
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Authentic Brands Group affiliate to buy Vince intellectual property
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Expected close
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