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Varsity Brands, Inc. is an American apparel company owned by the private equity firm Kohlberg Kravis Roberts.It is primarily focused on academic apparel and memorabilia, with its operations split among three major subsidiaries, including Herff Jones—a manufacturer of products such as class rings, graduation caps and gowns, and yearbooks; Varsity Spirit—which produces apparel and ...
Bain Capital Private Equity bought Varsity Brands for $2.8 billion in 2018. Varsity Brands' annual revenues exceed $1.8 billion, according to the company. It has more than 8,000 full-time employees. [5] On December 31, 2020, he stepped down as chairman of Varsity to focus on international expansion of cheerleading through the ICU, but still ...
It has since become one of the leading sources of user-generated reviews and ratings for businesses. Yelp grew in usage and raised several rounds of funding in the following years. By 2010, it had $30 million in revenue, and the website had published about 4.5 million crowd-sourced reviews. From 2009 to 2012, Yelp expanded throughout Europe and ...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Varsity Brands Holding Co., Inc.Global Credit Research - 13 Dec 2021New York, December 13, 2021 ...
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In 2013, the company acquired uniform manufacturer BSN Sports. In 2014 the company rebranded itself under the Varsity Brands name, with Herff Jones becoming a subsidiary. [11] [12] In July 2014, the Nystrom brand was sold to Social Studies School Service, a social studies company in California.
Varsity Spirit cheerleader. Varsity Spirit, LLC, also known as Varsity, is an American cheerleading company owned by Varsity Brands.Founded in 1974 as the Universal Cheerleaders Association, the company is a manufacturer of apparel for cheerleading and dance teams, organizer of cheerleading competitions, and operator of training camps and sanctioning bodies.