2.0 Ventures Acquires Majority Stake in Feat Clothing, Inc.
May 29, 2024
Salt Lake City-based private equity firm 2.0 Ventures has acquired a majority stake in DTC athleisure brand Feat Clothing, Inc.; financial terms were not disclosed. Feat co-founder and CEO Taylor Offer will step down from day-to-day duties and join the company's board while the brand's seven-person team, product assortment and distribution channels remain in place.
- Buyers
- 2.0 Ventures
- Targets
- Feat Clothing, Inc.
- Sellers
- Taylor Offer (through his holding company)
- Industry
- Consumer Products
- Location
- California, United States
- Transaction Type
- Buyout
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