Since that time they have narrowed their focus to become the premier dropship fashion footwear company in the nation. ", Dave Parkin, a Partner at Tower Arch, added, "We are thrilled to be partnering with Jeremy Pope, KNS President Michael Kelly, and the rest of the KNS team. ARUPs Monkeypox test can be performed on more specimen types, Savory Fund selects Saigon Hustle as winner of Million Dollar Restaurant Launch, HempLucid becomes first company to offer psychedelic therapy as an insurance benefit. The Entrepreneur Of The Year Awards program is one of the preeminent competitive awards for entrepreneurs and leaders of high-growth companies. Visit ey.com/us/private. Jeremy Pope was selected by an independent panel of judges, and the award was announced during the program's virtual awards gala on July 29. 12552 S 125 W, Suite 200, KNS is a special company that stands out due to the dedication and commitment to their customers and retail partners. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. The program engages entrepreneurs with insights and experiences that foster growth. United States, 0 Tower Arch seeks to partner with and grow high-quality family and entrepreneur-owned companies to deliver long-term value for their management teams and investors. Copyright document.write(new Date().getFullYear()) Tower Arch Capital LLC. %%EOF 98 0 obj <>/Filter/FlateDecode/ID[<8D286C4B32352CCFB0A606424F4B7E3D><395F5AA986225F4A92A92171ECBDA0EF>]/Index[92 21]/Info 91 0 R/Length 52/Prev 436881/Root 93 0 R/Size 113/Type/XRef/W[1 2 1]>>stream "I am honored to be recognized by EY among such an incredible group of entrepreneurs," said Jeremy Pope. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today. KNS Founder and CEO Jeremy Pope says, I am deeply proud of what the entire KNS team has been able to accomplish since our partnership with Tower Arch. Our experience with KNS is representative of Tower Archs commitment to helping family and founderowned businesses reach their next level of growth and success while delivering superior returns to our investors. Get M&A news and analysis delivered daily to your inbox. The Company has proven their ability to execute and optimize the online retail model and their expertise in developing brands that matter to consumers. %PDF-1.6 % EY refers to the global organization, and may refer to one or more, of the member firms ofErnst & YoungGlobal Limited, each of which is a separate legal entity. Founder and CEO Jeremy Pope said, "Partnering with Tower Arch Capital will help us accelerate our growth and expand our branded product portfolio to our customers and enhance our dropshipping expertise. In the Utah Region, sponsors also include Diversified Insurance Group, PNC Bank, Silicon Slopes, Strong & Hanni Law Firm and Truss. SALT LAKE CITY /PRNewswire/ -- Tower Arch Capital is pleased to announce that it has recapitalized KNS International, LLC ("KNS", or the "Company") in partnership with its management team. KNS International began in 2001 as one of the first drop shipfocused suppliers in the nation. Entrepreneur Of The Year is the first and only truly global awards program of its kind. The terms of the transaction are not being disclosed. The largest apparel/textiles acquisition in 2021 was Reebok International - which was acquired by Authentic Brands Group for $2.5B. These visionary leaders deliver innovation, growth and prosperity that transform our world. Over the past four years, we have significantly invested in our capabilities, systems, automation, and leadership team, and this has translated into an unprecedented level of growth for KNS. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY Private teams offer distinct insights born from the long EY history of working with business owners and entrepreneurs. www.journeecollection.com. They focus on partnering with and growing high-quality family and entrepreneur-owned companies to deliver long-term value for their management teams and investors. from 8 AM - 9 PM ET. i fpd i mn2* 4> Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Tower Arch creates value in a range of industries and works with companies across the United States. About KNS International, LLCFounded in 2002, KNS has grown from the nascency of ecommerce and is at the forefront of online retail. Since that time KNS has narrowed its focus to become the premier dropship fashion footwear company in the nation, developing its own proprietary brands including Journee Collection, Signature by Journee Collection, Thomas & Vine, Vance Co., and Territory. For more information about our organization, please visit ey.com. hbbd``b`$C3`9$'#k#/ r 112 0 obj <>stream 92 0 obj <> endobj Headquartered in Salt Lake City, UT, Tower Arch Capital is a lowermiddle market private equity fund. (801) 619-2187 Join Mergr to view all 55 acquisitions of apparel/textiles companies in 2021, including 18 acquisitions by private equity firms, and 37 by strategics. Target investments include control positions in entrepreneur and family-owned businesses with revenue between $20 million and $150 million or EBITDA between $5 million and $25 million. These teams support the full spectrum of private enterprises including private capital managers and investors and the portfolio businesses they fund, business owners, family businesses, family offices and entrepreneurs. Tower Arch shares our vision of what KNS can become. SALT LAKE CITY, Aug. 10, 2021 /PRNewswire/ -- Ernst & Young LLP (EY US) today announced that Jeremy Pope, CEO of KNS International / Journee Collection Footwear was named an Entrepreneur Of The Year 2021 Utah Region Award winner. We are excited about this next chapter of growth at KNS as we look to add branded products and expand their dropshipping array.". Dave Parkin, partner at Tower Arch Capital commented, "We have been extremely fortunate to partner with Jeremy Pope and witness KNS International and Journee Collection's continued growth and success first hand.". It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. The Company designs and distributes branded products across multiple categories, including products under Journee Collection and other brands, and is a preferred partner for national retailers looking to optimize inventory and expand online product offerings. Cision Distribution 888-776-0942 2022 Middle Market Information LLC. KNS is a leading US designer of attainable, branded footwear delivering value to bluechip retailers and etailers via techenabled ecommerce and drop shipping fulfillment models. Tower Arch seeks to partner with and grow a highquality family and entrepreneurowned companies to deliver longterm value for their management teams and investors. Recently Acquired Apparel/Textiles Companies, Recently Acquired United States Companies, M&A research that takes seconds (not all afternoon), Better understand your customers and prospects. Tower Arch brings operational, consulting, and financial expertise to small companies to give them the tools they need to achieve their full potential. Draper, Utah Use phrases "in quotes" or the tools below to better filter your results. 84020 Award winners in several national categories, as well as the Entrepreneur Of The Year National Overall Award winner, will be announced in November at the Strategic Growth Forum, one of the nation's most prestigious gatherings of high-growth, market-leading companies. For more information, please visit www.towerarch.com. For more information, please visit www.knsint.com. EY member firms do not practice law where prohibited by local laws. National overall winners go on to compete for the EY World Entrepreneur Of The Year title. "I am proud of the company we have built over nearly 20 years, and would like to recognize the incredible leadership talent of my team as we continue to innovate within the footwear industry." Tower Arch was advised on the transaction by Stifel, Kirkland & Ellis LLP, and BDO LLP. Salt Lake City Tower Arch Capital LLC (Tower Arch) is pleased to announce that it has sold KNS International LLC (KNS) to an affiliate of Centre Partners Management LLC (Centre Partners). Journee Collection was established in 2002 and is based in Draper, Utah. About Tower Arch CapitalHeadquartered in Salt Lake City, UT, Tower Arch Capital is a lower-middle market private equity fund. Target investments include control positions in entrepreneur and family-owned businesses with revenue between $20 million and $150 million or EBITDA between $5 million and $25 million. KNS is a designer and distributer of its proprietary brands, Journee Collection, Thomas & Vine, Vance Co. and Territory. Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone. Founded and produced by Ernst & Young LLP, the Entrepreneur Of The YearAwards are nationally sponsored by SAP America andthe Kauffman Foundation. Jeremy Pope will go on to become a lifetime member of the esteemed multi-industry community of award winners, with exclusive, ongoing access to the experience, insight and wisdom of fellow alumni and other ecosystem members in over 60 countries all supported by vast EY resources. KNS International / Journee Collection Footwear began in 2001 as one of the first drop ship-focused suppliers in the nation. Centre Partners Acquires KNS International. As a Utah Region award winner, Jeremy Pope is now eligible for consideration for the Entrepreneur Of The Year 2021 National Awards. Headquartered in Salt Lake City, UT, Tower Arch Capital is a lower-middle market private equity firm. We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them. Tower Arch seeks to bring operational, consulting, and financial expertise to small companies to give them the tools they need to achieve their full potential. Ernst & YoungGlobal Limited, a UK company limited by guarantee, does not provide services to clients. Tower Arch Capital Partners With Intelligent Technical Solutions Brian Niccol of Chipotle Mexican Grill, Inc. Andreas Bechtolsheim and Jayshree Ullal of Arista Networks. After clicking on a story, use the back arrow in your browser to return to your search results. hb```f``d`b`Lcb@ !3#|*85a^Po{Ov^p,2uZd38X",;N KNS offers a highly differentiated, datadriven drop-ship model which provides retailers and etailers with a very capital-efficient way to expand their online product offering. When typing in this field, a list of search results will appear and be automatically updated as you type. Tower Arch brings operational, consulting, and financial expertise to small companies to help them improve their operations, scale, and grow. We were honored that Jeremy trusted us to be partners and be stewards of his business for the last four years.. We have entered into new retail partnerships, introduced new brands, entered new categories, and been better able to deliver our footwear to millions of consumers across the country., David Parkin, a Partner at Tower Arch commented, Our partnership with Jeremy Pope and the KNS leadership team has been incredibly rewarding. It connects them with their peers to strengthen entrepreneurship around the world. Out of 60 sectors in the Mergr database, apparel/textiles ranked 40 in number of deals in 2021. KNS is a leading designer and distributer of branded footwear, jewelry, and home goods products with headquarters in Salt Lake City, UT. endstream endobj startxref EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets. For more information, please visit www.towerarch.com. The Entrepreneur Of The Year program has honored the inspirational leadership of entrepreneurs such as: About KNS International / Journee Collection Footwear. The KNS design team develops all of their styles out of their Salt Lake City headquarters. Journee Collection is a designer and distributor of branded products across multiple categories with special focus on women's and men's shoes, including products under Journee Collection and other brands, and is a preferred partner for national retailers looking to optimize inventory and expand online product offerings. Entrepreneur Of The Year is the world's most prestigious business awards program for unstoppable entrepreneurs. endstream endobj 93 0 obj <> endobj 94 0 obj <> endobj 95 0 obj <>stream We have all been inspired by Jeremys leadership and dedication to KNS and we are excited for the companys next chapter with Centre Partners. ey.com/us/eoy, As Advisors to the ambitious, EY Private professionals possess the experience and passion to support private businesses and their owners in unlocking the full potential of their ambitions. For 35 years, EY US has honored entrepreneurs whose ambition, courage and ingenuity have driven their companies' success, transformed their industries and made a positive impact on their communities. For more information, please visit www.journeecollection.com. hVmo0+B/IGBZJioZ"!tHx0=wK*r|. The award recognizes those who are unstoppable entrepreneurial leaders, excelling in talent management; degree of difficulty; financial performance; societal impact and building a values-based company; and originality, innovation and future plans. KNSs inhouse design team develops their proprietary styles and KNS warehouses and fulfills every order straight to the end consumers door directly from its Draper, Utah warehouse. KNS warehouses and fulfills every order straight to the end consumer's door directly from the KNS warehouse based in Draper, Utah. Target investments include control positions in entrepreneur and familyowned businesses with revenue between $20 million and $150 million or EBITDA between $5 million and $25 million. All rights reserved. To read the full story, please upgrade your plan.