Charlesbank news and archive

Charlesbank completes acquisition of Rockport

Charlesbank Capital Partners has completed the acquisition of The Rockport Group, the company which owns footwear brands Rockport, Arabon and Dunham. “Affiliates of Charlesbank, in partnership with management, have acquired substantially all the assets of the company, including the North American wholesale and e-commerce operations, all of...

Business

Adidas files objection to Rockport’s plans to sell itself to Charlesbank

The Rockport Group may not move ahead with its plans to sell itself to CB Marathon Opco LLC, an affiliate of Charlesbank Capital Partners, just yet. Rockport’s former parent company, the Adidas Group, has filed an official objection to the sale, according to Footwear News. Founded in 1971, Rockport was bought 15 years later by Reebok, which was...

Business

The Rockport Group seeking approval to sell company to Charlesbank

The Rockport Group, which owns footwear brands Rockport, Aravon and Dunham, announced that it is seeking approval from the US Bankruptcy Court to complete the sale of all its assets to CB Marathon Opco LLC, an affiliate of Charlesbank Capital Partners. ”With the financial strength, consumer expertise and support of Charlesbank, Rockport will be...