Alantra advised First Position Group Limited on its sale to Revolution Dancewear LLC

Dec 2018

Sell-side advisory

Alantra, the global mid-market investment banking and asset management firm, has advised the shareholders of International Dance Supplies (“IDS”), a Newton Abbott-based retailer of B2B and B2C recital costumes, specialty dancewear and footwear, on its sale to Revolution Dancewear, a portfolio company of Audax Private Equity that is headquartered in the US.

The acquisition will serve both to strengthen the position of Revolution Dancewear (and its UK platform Dance Direct) in the costume segment of the market, which supplies teachers and dance studios; and to expand its operating footprint across Europe.

IDS is Revolution’s third acquisition, and first completed since Audax Private Equity invested in the company in 2018