Cohere Capital, a Boston-based private equity firm focused on investing in leading tech-enabled middle market companies, announced that it has made a strategic growth investment in Portland, Oregon-based CCS. CCS is a leading direct-to-consumer digital brand and e-commerce retailer of streetwear and skateboard equipment. This investment will allow CCS to continue to invest in new technology-enabled product and service offerings and accelerate its growth and brand momentum.
Founded in 1985, CCS is an iconic skateboarding and streetwear brand that has been highly regarded in the market for decades. The company’s original roots are as a mail-order catalog that grew into a market leading website. CCS sells its own branded hard and soft goods in addition to being an e-commerce destination for other leading skate and streetwear brands.
Daron Horwitz, CEO of CCS, commented, “CCS is at an exciting inflection point as we continue to expand our product offerings and partnerships with leading third-party brands to meet the demand of the growing skateboard and streetwear markets. We are excited to partner with Cohere for our next stage of growth and plan to strengthen our technology and overall offerings to our partners and customers. We are focused on creating products and curating offerings that meet the needs of our loyal customer base.”
Nik Shah, Cohere Managing Partner and Co-Founder, added, “CCS is not only an iconic brand in the market, but also a strong retailer in an emerging e-commerce market segment. We are thrilled to partner with Daron and the CCS team as we believe they have only scratched the surface of the expansion opportunities. The Company’s growth has been impressive, and we look forward to being a part of CCS’ future momentum.” The Cohere team has previously been involved with driving the growth of numerous leading digital marketing and e-commerce companies.
Founded in 1985, CCS is an iconic skateboarding and streetwear brand that has been highly regarded in the market for decades. The company, based in Portland, Oregon, sells its own line of branded hard and soft goods in addition to leading skate and streetwear hard and soft good brands.
Cohere Capital is a Boston-based private equity firm focused exclusively on middle market growth companies. Cohere Capital has a flexible mandate across growth markets, but primarily targets recapitalizations and growth investments in rapidly growing technology-enabled services companies.
Source: Business Wire
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