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About Olivarius Hospitality California

Olivarius Hospitality California is a holding company owned by Olivier Leclercq.

Olivarius Hospitality California Headquarter Location

1060 Channel Drive

Santa Barbara, California, 93108,

United States

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Latest Olivarius Hospitality California News

Coolibar, Inc. acquired by Olivarius Hospitality California

Jul 14, 2016

Sun Protection You Wear company set for global expansion MINNEAPOLIS, July 14, 2016 /PRNewswire/ -- Coolibar, Inc. ("Coolibar"), the leading player in sun-protective clothing, has been acquired by Olivarius Hospitality California, a company owned by Olivier Leclercq. "We are excited by the opportunity to continue growing our business with a new owner that is deeply passionate about our mission to inspire healthy outdoor living, as well as transforming Coolibar into the global standard for sun-protective clothing," said Kendra Reichenau, CEO of Coolibar. Headquartered in Minneapolis, Minnesota; Coolibar designs, manufactures and markets premium sun-protective clothing and accessories. The Company offers apparel for the entire family, focused on fitness, leisure, swimwear and accessories, that provide UPF 50+ protection from ultraviolet rays and is the first clothing company to earn The Skin Cancer Foundation's Seal of Recommendation . Coolibar has evolved to be the leader in innovative sun-protective fabric design with fashionable styles in a breadth of sizes from newborn through plus sizes. Coolibar's apparel makes it easy for any consumer to find quality, long-lasting, sun-protective products, no matter his or her wardrobe needs. "As a long-time Coolibar customer and active outdoor sportsman, I am deeply committed to the Coolibar mission to provide premium sun protection from the damaging effects of the sun. I look forward to lending expertise in the areas of global expansion and growth strategies from the Minneapolis-based headquarters," said Leclercq, Chairman of Coolibar. Leclercq is a successful business man, entrepreneur and former chairman of Decathlon, one of the world's largest integrated sporting goods retailers. Coolibar's prior investors led by LFE Capital and AAVIN Private Equity, will be exiting their position in the business through the transaction. New York-based investment bank Sonenshine Partners served as exclusive financial advisor to Coolibar. Legal advice to Coolibar was provided by Dorsey & Whitney LLP. Legal advice to Olivarius Hospitality California was provided by Seed Mackall LLP. For further inquiries, please contact Christie Naegele at cnaegele@coolibar.com .

Olivarius Hospitality California Acquisitions

1 Acquisition

Olivarius Hospitality California acquired 1 company. Their latest acquisition was Coolibar on July 14, 2016.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/14/2016

Acquired

$5.4M

Acquired

2

Date

7/14/2016

Investment Stage

Acquired

Companies

Valuation

Total Funding

$5.4M

Note

Acquired

Sources

2

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