Transaction

Clearwater advises Clothing + on its sale to Jabil

Transaction

Clothing + sold to Jabil

Sell-side

Undisclosed

Role

Adviser to Clothing + and its owners on the sale of the company to Jabil

Sector

Tech & Tech Services
Industrial & Chemicals

Region

Finland

We have advised Clothing +, a wearable technology company, and its owners on the sale of the company to Jabil, the third largest electronics manufacturing service supplier in the world with over 180,000 employees in 24 countries. 

Clothing+ develops and produces textile-integrated wearable biometric sensors for the wearable technology market. The company’s customers include Adidas, Garmin, Under Armour, Salomon, and Philips.

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We greatly benefitted from Clearwater’s previous experience in advising technology companies in transacting with large US and other international corporations. We also found it invaluable that throughout this highly resource-intensive process, it was always fun to work with the team.

Pentti Hurmerinta, Chairman, Clothing+

Advisers

Transactions