CPC purchases Paramount Apparel International and its flagship golf brand Imperial
BOURBON, MO – Imperial, recently voted the #1 headwear brand for all Public, Private and Resort golf facilities by the Association of Golf Merchandisers (AGM) in 2021, and its parent company Paramount Apparel International, is proud to announce it has been acquired by CPC Management LLC, a Kansas City-based family office investment firm.
CPC, whose mantra is “Buy, Build, Hold,” was formed by the partners of Curran Companies and C3 Capital with the shared vision of becoming world class partners for great companies. CPC is a company, not a traditional private equity fund, that seeks to make long-term investments and grow businesses over decades, not years.
“Imperial is exactly the type of business with which CPC is looking to partner,” said Wiley Curran, Principal at CPC Management LLC. “It is well-managed, a brand leader in its category, has high standards for conducting business and strongly positioned for expansion. We are looking forward to a bright future and longstanding partnership with Imperial.”
There will be no changes to the operations of Imperial or its parent company, Paramount Apparel International. All manufacturing and distribution facilities in the state of Missouri will continue to operate as usual. Also, management for Imperial will remain fully intact, focusing on the continued growth and success of the 105-year old brand.
“We are extremely excited about CPC’s acquisition of Paramount, including the Imperial brand,” said Todd Johnson, President & Chief Operating Officer of Paramount Apparel International. “CPC has made it very clear how committed they are to the future of Imperial, as well as the long-term success of our Company. Their strategy to buy, build and hold businesses is aligned with the current ownership’s vision for the future of Imperial and Paramount.”
About Imperial Headwear
Founded in 1916, Imperial Headwear is the leading manufacturer of premium quality headwear, apparel and accessories for the golf market. Imperial’s products can be found at 97 of the Top 100 and over 70% of the Top 400 golf courses in the United States.
Imperial is committed to style, functionality and perfection in fit and comfort. It is this commitment that has allowed the creation of a wide variety of headwear and apparel with quality that is second to none. Renowned for its superior customer service and art customization capabilities, Imperial offers its products using the most innovative fabrics and designs, as well as logo decoration and embellishment technologies.
For further information please visit Imperialsports.com. Follow Imperial Headwear on Twitter and Instagram at @ImperialHats and on Facebook at facebook.com/ImperialHeadwear.
About Paramount Apparel International
Founded as a headwear manufacturer in 1929, Paramount has evolved into a diversified apparel, headwear and accessories company known for quality craftsmanship, strong leadership and a great ability to forecast market needs. Paramount owns several brands, including Imperial, Paramount Headwear and Paramount Outdoors. Paramount also has many manufacturing agreements with well known brands, such as Nike, Vans, adidas, The North Face, Wrangler and Fanatics. Corporate headquarters for Paramount is located just outside St. Louis, Missouri. For further information please visit paifashion.com.
About CPC Management LLC
CPC is a family office investment company based in Kansas City, Missouri. Our perpetual structure enables us to implement the best strategies to create defensible long-term value without regard to time horizon. Sustainable competitive advantage derives from long-term investments in innovation, workforce development, adoption of new technologies, and supply chain improvements. CPC believes deeply in the power of compounding return, and that the best way to grow wealth over time is by investing in great business. For further information please visit cpc.llc.
Contact:
David Shaffer
Senior Vice President, Sales
Imperial Headwear
dshaffer@imperialsports.com
