Giftcraft (CID Capital Portfolio) Acquires RipSkirt Hawaii
October 27, 2022
Giftcraft Ltd., a portfolio company of Indianapolis-based private equity firm CID Capital, has acquired RipSkirt Hawaii, a direct-to-consumer beachwear apparel brand. Terms were not disclosed; the deal is intended to accelerate Giftcraft’s digital and direct-to-consumer capabilities by leveraging Giftcraft’s sourcing, distribution and support with RipSkirt’s digital marketing strength.
- Buyers
- Giftcraft Ltd., CID Capital
- Targets
- RipSkirt Hawaii, Inc.
- Platforms
- Giftcraft Ltd.
- Industry
- E-Commerce
- Location
- Oregon, United States
- Transaction Type
- Addon
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