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Established
2002
Location
Gardena, CA, US
Primary Industry
Consumer Products
About
True Religion Apparel, Inc. is a US-based lifestyle brand renowned for its high-quality denim and sportswear. The company focuses on delivering stylish apparel for men, women, and children, while emphasizing craftsmanship and unique design features. True Religion Apparel, Inc.
is engaged in the design and distribution of denim and sportswear. Founded in 2002 in Gardena, US, the company has undergone strategic pivots and expansion efforts. The latest funding round was a Public to Private deal on May 13, 2025, where TowerBrook invested USD 824. 00 mn, marking the total amount raised at USD 824.
00 mn. Keith X serves as the CEO. True Religion is a global lifestyle brand that specializes in high-quality denim and sportswear for men, women, and children. The company’s core offerings include a range of jeans, tops, and accessories designed to cater to diverse style preferences and body types.
True Religion's products are distinguished by their craftsmanship and features like the iconic Super T stitch. They target a broad customer base, including athletes, musicians, and fashion-conscious individuals, with a presence in North America, Europe, and Asia. True Religion generated revenue of USD 467. 29 mn in its most recent year, 2012, with an EBITDA of USD 91.
49 mn. Revenue is primarily driven through direct-to-consumer sales and partnerships with retailers, utilizing branded stores, e-commerce, and third-party retail platforms. In May 2025, Borletti Group acquired a minority stake in True Religion Apparel, Inc. , with the investment aimed at enhancing the company's capabilities and business development.
Future growth initiatives may include the launch of new products, though specific details or release dates are not disclosed, alongside plans to expand into new markets, specifically targeting regions not explicitly mentioned at this time.
ACON Investments, SB360 Capital Partners, Borletti Group
Consumer Products
Clothing, Accessories, Clothing Stores
www.truereligionbrandjeans.com
Cloud Computing, E-commerce, Manufacturing
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | True Religion Apparel, Inc. | - | ||||||||
| Buyout | Completed | True Religion Apparel, Inc. | - | ||||||||
| Private Debt | Completed | True Religion Apparel, Inc. | - | ||||||||
| Private Debt | Completed | True Religion Apparel, Inc. | - | ||||||||
| Private Debt | Completed | True Religion Apparel, Inc. | - |
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