Consortium Brand Partners Acquires Majority Stake in Draper James

September 7, 2023

Consortium Brand Partners (CBP), a consumer-focused investment manager, has acquired approximately a 70% majority ownership stake in Draper James, the fashion and lifestyle brand founded by Reese Witherspoon. Reese Witherspoon will remain a partner and board member and Draper James' existing management team will continue to lead operations as CBP supports expansion of product offerings, retail and wholesale distribution domestically and internationally.

Buyers
Consortium Brand Partners
Targets
Draper James
Location
Tennessee, United States
Transaction Type
Buyout

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