11 05 2016The Riverside Company acquires Jade Swimwear to Elite Sportswear platform
The Riverside Company acquires Jade Swimwear, dba Dolfin Swimwear to its Elite Sportswearplatform.
Dolfin designs and manufactures swimwear and accessories for training, competition and fitness enthusiasts.
Dolfin is a highly complementary addition to Elite, a unique company that is focused on building and growing the worldsâ€™ leading niche sports apparel brands. Elite, based in Reading, Pa., is the worldwide leader in gymnastics apparel and an emerging leader in sideline and All-Star Cheerleading products. Dolfin, based in nearby Mohnton, Pa., is a leader in competitive swimwear products, including its best-in-class brand of Uglies practice wear. Dolfin, which sells through fragmented distribution channels including team dealers, e-commerce distributors, and retail, also designs and markets a compelling branded portfolio of swimwear products for active lifestyles.
Jones Day advised The Riverside Company in its acquisition with a team led by partner Lisa Lathrop. Involved fees earner: Lisa Lathrop - Jones Day;
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