Baird recently advised Rip Curl, an iconic Australian surf brand, on a sale to Kathmandu Holdings Ltd. for $236 million. Baird Investment Banker Joe Pellegrini, who led the Baird deal team and worked alongside Gresham Capital Partners, recently discussed the impact of the deal with SGB Media. According to Pellegrini:
“It’s actually a perfect fit on paper… Kathmandu’s portfolio and Rip Curl are a perfect match just in terms of philosophy, brand stewardship and building a truly authentic outdoor business that takes you from the ocean all the way to the mountaintop.”
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