The transaction sees Edinburgh-based private equity firm Inverleith add Montane to its consumer brand portfolio that includes names such as Planet Organic, Montezuma’s and The Scotch Malt Whisky Society.
Founded in 1993 and based in Northumberland, Montane is the recommended clothing and pack partner of the British Mountaineering Council and sponsor of some of the world’s most demanding sporting events.
The Burges Salmon Corporate team advising on the acquisition was led by partner Danny Lee. He comments: “Montane is a good fit for Inverleith’s impressive portfolio of brands and we’re pleased to have brought this transaction to a successful conclusion. Inverleith is well-positioned to steer the company through its next phase of growth as a majority stakeholder.”