Digital Stronghold Acquires Boston Scally; NewSpring Mezzanine and Digital Fuel Capital Invest

February 8, 2022

Digital Stronghold, a San Francisco-based multi-brand DTC platform for men’s apparel and accessories, acquired Boston Scally, a provider of high-quality flat caps. The acquisition was supported by an investment from NewSpring Mezzanine (part of NewSpring) and Digital Fuel Capital, which provided subordinated debt and preferred equity to fund the add-on deal and help scale the platform.

Buyers
Digital Stronghold, NewSpring Mezzanine (NewSpring), Digital Fuel Capital
Targets
Boston Scally
Platforms
Digital Stronghold
Industry
E-Commerce
Location
Massachusetts, United States
Transaction Type
Addon

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