GRAYS PEAK CAPITAL ANNOUNCES THE IPO OF PORTFOLIO COMPANY DIGITAL BRANDS GROUP
Grays Peak Capital, a global investment firm, announced the successful listing of the holding company, Digital Brands Group, Inc. (NASDAQ: DBGI) on the NASDAQ
Digital Brands Group, Inc. (NASDAQ: DBGI)
NEW YORK CITY, NY, UNITED STATES, June 24, 2021 /EINPresswire.com/ – Grays Peak Capital, a global investment firm, announced the successful listing of the holding company, Digital Brands Group, Inc. (NASDAQ: DBGI) on the NASDAQ stock exchange on May 16, 2021. It is about the sixth successful portfolio company to list on a public exchange.
Founded by tech entrepreneurs, Digital Brands Group Inc. (DBG) is a leader in digital native vertical brands. The company is a collection of luxury, digital-focused lifestyle brands (DSTLD, ACE Studios, Bailey 44 and H&J). The company brings together names direct to like-minded consumers under a single portfolio to share operational, infrastructure and data resources to reduce redundant fixed costs that are difficult to establish and expensive to maintain. DBG accelerates the growth of talented brands by providing specialized services and infrastructure that are essential to the success of direct brands: operations, marketing, technology, legal and customer service.
E-commerce and direct-to-consumer retail models are gaining an ever-greater lead, driving revenue growth and market share across all categories. Nearly 80% of Americans shop online today, and as consumers have grown accustomed to the convenience, personalization and transparency of online shopping, innovation-driven growth is being driven by retail brands. direct to consumers who have mastered the art of an exceptional customer experience. .
“Grays Peak continues to invest in leading companies that operate disruptive business models in high growth areas such as e-commerce and the direct-to-consumer model. We continue to see industries disrupted by new entrants who differentiate in the way they operate and take advantage of technology. Consumer and tech-driven businesses continue to be an area of interest and growth for the company, ”said Scott Stevens, Founder of Grays Peak Capital.
About Grays Peak Capital
Capital of Grays Peak (www.grayspeakcapital.com) is a global investment firm managing assets focused on the public market, private equity, real estate and credit. The company is focused on identifying business trends and emerging technologies in a variety of industries. The company strives to invest in companies that create innovation and disruption within their respective industries. Our portfolio includes multinational brands that have created value by disrupting industries and embracing technological innovation.
Safe Harbor Declaration
Except for historical information contained in this press release, statements in this press release may be forward-looking and made in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as “anticipate” , “Believe”, “estimate”, “” expect “,” intend “and similar expressions, with respect to Grays Peak Capital (the” Company “) or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections regarding the business of the Company based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results and results may differ and are likely to differ materially from what is expressed or expected in these forward-looking statements due to many factors, including those described above and the risks discussed from time to time in the documents. deposited by the Company with the Securities. and the Foreign Exchange Commission. Factors that could cause actual results to differ materially from these forward-looking statements include factors such as (i) the development and protection of our brands and other intellectual properties, (ii) the need to raise capital to meet business requirements, (iii) significant fluctuations in marketing expenses, (iv) the ability to achieve and increase significant levels of revenue, or to recognize net income, from the sale of our products and services, ( v) the ability of the Company to conduct its business in the event of a change in laws, regulations or government policies, (vi) the ability of management to attract and retain the qualified personnel necessary for the development and marketing of its intended products , and (vii) other information which may be detailed from time to time in documents filed by the Company with the United States Commission des United States Securities. The Company assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE: Grays Peak Capital