“Stinson is the Fund's third investment with a tech-enabled distribution theme and has a number of attractive characteristics that align well with BV's investment strategy and philosophy,” Andrew Davis, MD of BV said, commenting on the investment. 

“The company is mission critical to its suppliers and customers, uniquely positioning it within the textile supply chain,” he added.

Additionally, Glenn Stinson, vice president and COO of CF Stinson said, “BV has experience within the tech-enabled distribution segment and has a long and successful track record of working with market leading firms.”

“We are looking forward to the next phase of Stinson's growth in partnership with BV and we are confident the BV team will help us continue to better serve our customers, suppliers and employees,” he added. (MCJ)

Fibre2Fashion News Desk - India