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.

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SOURCE: Grays Peak Capital

Scott Stevens
Grays Peak Capital
+1 212-506-7050
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Carol N. Valencia