Companions Group takes over Careismatic Manufacturers



Companions Group, the worldwide personal markets funding supervisor, has taken over Careismatic Manufacturers, a designer, marketer and distributor of branded medical attire. The corporate was acquired from New Mountain Capital, an alternate funding supervisor. Careismatic sells its merchandise in 70 international locations. Companions Group will assist it additional increase internationally.

Careismatic is an omni-channel producer and vendor of medical attire, company identification attire, college uniforms and adaptive clothes by way of varied retail and on-line marketplaces, in addition to catalogues, serving prospects throughout all segments. Marketed beneath a portfolio of 15 well-known manufacturers, together with Cherokee Uniforms, Dickies Medical, Infinity, HeartSoul and Scrubstar, Careismatic creates modern, snug uniforms and sells them in 70 international locations internationally. The corporate has greater than 730 workers with operations within the US, Canada, Europe, and Asia.

Companions Group was previously a shareholder of a predecessor entity of Careismatic, Strategic Companions, and due to this fact has a deep understanding of Careismatic’s enterprise. Companions Group intends to attract on its prior expertise, and work with the seasoned, gifted administration crew, to generate extra development alternatives for the corporate. Key areas of focus can be accelerating the corporate’s natural development throughout all sectors in an effort to seize a bigger share of its rising addressable markets; driving home and worldwide enlargement by way of M&A; and focusing on a wider buyer base by way of new product launches and investments in advertising. Companions Group may even help the corporate’s provide chain and operations throughout totally different geographies to additional optimise manufacturing and customer support.

Chris Russell, managing director, Personal Fairness Know-how, Companions Group, states: “Medical professionals throughout the globe are going through unprecedented challenges as a result of COVID-19 pandemic, and Careismatic is on the forefront of supplying important, secure and high-quality attire to the business. Because the medical uniforms sector is experiencing sturdy tailwinds, and Careismatic continues to display an unwavering dedication to accountable governance practices, we imagine the corporate is strongly aligned with Companions Group’s deal with transformative traits and broad constructive stakeholder influence. Careismatic is positioned for future development, additional securing its distinctive place as an omni-channel chief, and our deal with lively possession and transformational investing will assist the corporate construct upon this.”

Mike Singer, chief government officer, Careismatic Manufacturers, feedback: “Careismatic is well-positioned to proceed to win prospects in a number of segments of the uniform market with main manufacturers and merchandise from medical attire and footwear to highschool uniforms, and past. Medical professionals, specifically, have to belief that the healthcare attire they buy is as marketed, by way of high quality and each different side. Careismatic has demonstrated all through its historical past that its prospects can rely upon the corporate to ship distinctive worth and repair. We’re excited to work alongside Companions Group for the second time, having constructed vital belief throughout our earlier partnership. Companions Group’s vital world attain will assist us additional increase our presence in worldwide markets and determine new merchandise and development alternatives.”

Ryan Ashley, senior funding chief, Personal Fairness Americas, Companions Group, provides: “Careismatic is the confirmed chief within the branded medical scrubs market with an enormous distribution community, entrenched relationships in all channels, and the main portfolio of well-liked manufacturers. On this subsequent part of development, Companions Group will work actively with Mike and the administration crew to additional improve the corporate’s omni-channel capabilities, advertising and model positioning, and provide chain effectivity.”

Fibre2Fashion Information Desk (SV)

Companions Group, the worldwide personal markets funding supervisor, has taken over Careismatic Manufacturers, a designer, marketer and distributor of branded medical attire. The corporate was acquired from New Mountain Capital, an alternate funding supervisor. Careismatic sells its merchandise in 70 international locations. Companions Group will assist it additional increase internationally.





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