Verdane, the European specialist growth equity investor, and FSN Capital, the Northern European private equity firm, have announced an agreement to invest in Active Brands, a fast-growing house of premium outdoor sports apparel and equipment brands headquartered in Oslo, Norway. The investment will strengthen Active Brands’ leadership position in the outdoor industry and support continued international expansion and M&A. As part of the transaction, FSN Capital, which first partnered with Active Brands in 2017, will remain invested in the Company, while Verdane will become a new significant minority shareholder. The transaction is subject to approval from relevant authorities.
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