TZP Group’s Growth Equity Portfolio Company, Knix Wear, Sells to Essity AB – QNT Press Release

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NEW YORK, July 11, 2022 /PRNewswire/ — TZP Group LLC (“TZP”) today announced the full realization of its investment in Knix Wear, Inc (“Knix”), a leading direct-to-consumer intimate apparel brand, in connection with the Company’s 80% sale to Essity AB (ESSITY-B).

Launched in 2013 by Joanna GriffithsKnix has been reinventing the intimates category by combining performance, technology, and design to make beautiful and functional products that serve their customers at every stage of life. While Knix is ​​a pioneer of leakproof underwear, the brand has continued to innovate its product portfolio across wireless bras, sports bras, swimwear, loungewear, shapewear, maternity clothes as well as its teen brand, Kt by Knix. Knix sells its products globally through its website and operates six Knix-owned retail stores in Toronto, Vancouverand California with plans to further expand its store fleet across North America.

“TZP is proud to have partnered with Knix during this time of incredible growth and development for the Company,” said Erin EdwardsPartner at…

Full story available on Benzinga.com

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