Houston, TX, Release: August 20, 2019. For Immediate Release.
Twin Hill is excited to announce the recent successful management buyout of the Tailored Brands’ Corporate Apparel Group, containing Twin Hill Acquisition Company, Inc., in partnership with mid-market private equity firm LDC. The deal will support the management team in taking immediate independent ownership of the business. This new ownership structure positions Twin Hill, alongside its industry-leading sister companies, Dimensions, Alexandra, and Yaffy in the United Kingdom, to expand its global reach within a true corporate apparel and uniform manufacturing and service environment. Twin Hill will continue to operate under the Twin Hill brand and serve as the U.S. based company within the newly acquired independent apparel group.
With this new structure in place, the management team will now have a vested stake in the success of the organization and full control over the ability to reinvest the corporate dollars back into the business. Additionally, these new financial pillars allow Twin Hill the opportunity to fully focus on the corporate apparel market. The new corporate focus will be to grow the Twin Hill footprint and better serve the domestic and global markets through its extensive international supply chain and distribution network shared seamlessly throughout its organization. This not only allows the company to provide an even higher level of service to existing and future brand-focused partners, but it also positions the new organization to become the industry’s leading corporate apparel provider within the mid-market sector.
About Twin Hill: With over 20 years servicing the corporate apparel industry, Twin Hill specializes in implementing both domestic and global innovative, full-service, custom apparel programs for brand-focused partners within the mid-market uniform sector. Twin Hill’s apparel programs and clients require and receive a commitment to product quality, superior customer service, a talented and innovative design team, a knowledgeable and savvy product development team, a global supply chain platform, a stable and well-funded financial cornerstone, and complete dedication to each program’s success. For more information, visit https://www.twinhillcorp.com/.
About Dimensions: Dimensions is one of the UK’s leading suppliers of bespoke corporate clothing, offering a financially stable organization which is steeped in knowledge and expertise on delivering successful clothing programs for people at work. This is supported and enhanced by having an international client base which is serviced worldwide, utilizing best practices. https://www.dimensions.co.uk/
About Alexandra: Alexandra has been designing and manufacturing garments since 1854. From the development of women’s workwear at the start of the 20th Century, right through to the development of modern protective workwear and suiting for just about every sector and business in the UK, to the solutions now offered to millions of wearers across the world, Alexandra remains true to its core principles - quality, good design and reliable service. For more information, visit https://www.alexandra.co.uk/.
About Yaffy: Founded in 1924, Yaffy manufactured raincoats to supply the local market in the UK. It became involved in public tenders, initially supplying the Metropolitan Police in London, and then expanding to supply all UK Police Forces with waterproof garments and allied products. Yaffy has expanded its core focus on police clothing and expertise in foul weather and uniform apparel by penetrating other emergency services sectors, such as the Fire Service and the Ministry of Defense, to provide structural firefighting protective equipment, station wear and uniform apparel. Yaffy products include, High Visibility and Black Waterproof clothing complimented with a range of performance fleeces and lightweight high visibility outerwear, constructed from fabrics at the cutting edge of garment technology. For more information, visit http://www.yaffy.co.uk/.
About LDC: LDC is the private equity arm of Lloyds Banking Group. It is the most active mid-market private equity investor, having completed over 25% more buyouts and expansion deals than any other mid-market private equity firm in the last ten years. LDC supports management teams from all sectors and in every corner of the UK from its regional network of nine offices. Founded in 1981, LDC has a 35 year track record of success and has invested £4billion in more than 550 companies. For more information about LDC, visit https://www.lloydsbankinggroup.com/.
About PNC: The PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com.
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