- Companies
- WHP Global
WHP Global Valuation, Funding & Investors
WHP Global is valued at $1.6B as of March 2023.
Last WHP Global valuation
$1.6B
Undisclosed stage · Mar 2023
Last WHP Global funding round
$375M
Undisclosed stage · Mar 2023
Cumulative funding WHP Global raised
$525M
across 2 funding rounds
Key investors in WHP Global
Oaktree Capital Management
Ares Management
About WHP Global
WHP Global is a New York-based brand management firm that acquires consumer brands and licenses them to retail and product partners. It was founded in 2019 by chief executive Yehuda Shmidman with backing from Oaktree Capital Management and is headquartered at 530 Fifth Avenue in Manhattan. Its portfolio of more than 16 brands spans fashion, athletic wear and hardgoods, including Toys"R"Us and Babies"R"Us, Anne Klein, Joseph Abboud, Express, Bonobos, rag & bone, Vera Wang, Marc Jacobs, G-Star, Joe's Jeans, Lands' End, Warners and the sportswear brand Lotto. The company says these brands generate more than $9.5 billion in retail sales across more than 80 countries. It bought the Joseph Abboud trademarks from Tailored Brands in March 2020 and licensed them back to that retailer, arranged Toys"R"Us shops inside Macy's stores from 2022, bought Bonobos from Walmart with Express for $75 million in 2023, and added rag & bone in April 2024 and Vera Wang in December 2024. In March 2023 funds managed by Ares Management invested $375 million in WHP Global at a $1.6 billion valuation.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Licensing
Valuation
$1.6B (Mar 2023)
WHP Global Valuation
WHP Global is currently valued at $1.6B, based on its undisclosed-stage round in March 2023.
The $375M round was led by Ares Management.
WHP Global valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2023 | Undisclosed stage | $1.6B |
WHP Global Funding History
WHP Global has raised a total of $525M across 2 funding rounds.
WHP Global's first fundraising round was a $150M undisclosed-stage round in March 2020. The most recent completed round was a $375M undisclosed-stage round in March 2023.
WHP Global funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2023 | Undisclosed stage | Ares Management (lead) | $375M | $1.6B | WHP Global, a leading global brand management firm founded in 2019 by Yehuda Shmidman in partnership with Oaktree Capital Management, received a $375 million equity investment from funds managed by Ares Management Corporation's Private Equity Group on March 8, 2023. The transaction explicitly values the company at $1.6 billion, providing growth capital for future brand acquisitions and adding significant cash to its balance sheet. Ares partners Jordan Smith and Aaron Rosen joined WHP Global's board as part of the deal, alongside existing shareholders including Oaktree, Solus, Platform Founder Group, and WHP employees. WHP Global owns a portfolio of consumer brands spanning fashion, hard goods, and athletics, including Anne Klein, Joseph Abboud, Toys"R”Us, Lotto, Babies"R”Us, Isaac Mizrahi, and a 60% interest in Express Inc. The company's brands have generated more than $6.5 billion in global retail sales, though this figure represents aggregate brand retail sales rather than WHP's direct revenue. Prior investments include acquiring Anne Klein in 2019, Joe’s Jeans with Centric Brands in 2021 for $48.5 million, and a 7.4% stake in Express for $260 million in December 2022. The investment reflects strong growth since inception, positioning WHP to capitalize on the robust M&A market for consumer brands. Ares highlighted WHP's asset-light model leveraging consumer affinity for established brands while avoiding operational retail challenges. Moelis & Company acted as exclusive placement agent, with Kirkland & Ellis providing legal counsel to WHP. |
| Mar 2020 | Undisclosed stage | Oaktree Capital Management | $150M | - | WHP Global, the New York brand acquisition and management firm, announced on 5 March 2020 an additional USD 150 million equity commitment from funds managed by Oaktree Capital Management, on top of Oaktree's initial USD 200 million commitment made when the company launched in 2019. WHP also received a USD 10 million commitment from Platform Founder Group, owned in part by chairman and chief executive Yehuda Shmidman and the management team, and announced the closing of its acquisition of the men's fashion brand Joseph Abboud, financed with debt from BlackRock. Oaktree managing director Thomas Casarella, a founding member of the WHP board, said the firm increased its commitment because it believed WHP was well placed to take advantage of acquisition opportunities. Shmidman said WHP was established to acquire large, well-known consumer brands with growth prospects in international and digital markets. Oaktree lists WHP Global among the portfolio companies of its Special Situations strategy. WHP Global buys consumer brands and licenses them to manufacturers, retailers and distributors, earning royalties while investing in new categories, international distribution and digital commerce. At the time of the announcement its brands, including Anne Klein and Joseph Abboud, generated more than USD 1.4 billion of retail sales. |
Who has invested in WHP Global?
2 investors have backed WHP Global across its funding rounds, including Oaktree Capital Management and Ares Management.
Lead investors include Ares Management.
WHP Global Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 WHP Global investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by WHP Global
WHP Global has acquired 6 companies to date.
Last acquisition by WHP Global was on December 17th 2024. WHP Global acquired Vera Wang for undisclosed valuation.
Latest Acquisitions by WHP Global
| Description | Vera Wang is a New York City-based luxury fashion house renowned for bridal gowns, eveningwear, and ready-to-wear collections. The brand offers customizable wedding dresses in silk organza and tulle, alongside fragrance lines like Princess Vera Wang and Vera Wang Lover. Established in 1990, it supplies dresses to high-profile events including Olympic ceremonies and celebrity weddings, while maintaining boutiques in major cities like London and Shanghai. | G-Star RAW is an Amsterdam-headquartered premium denim brand known for raw, untreated jeans and sustainable washes. Founded in 1989, it produces over 100 washes annually using ozone technology and 3D laser printing to minimize water use by 60 percent. Collections extend to jackets, shirts, and footwear sold in 70 countries through 200 standalone stores and partners like Mytheresa. It collaborates with designers such as Pharrell Williams. | Bonobos is a menswear brand known for fit-focused pants, shirts, suits, outerwear and accessories. Customers can buy through its online store or visit Guideshops for fittings, product advice and assisted ordering, with purchases shipped to their homes. Founded in 2007, the company develops multiple fits and size options and combines direct-to-consumer e-commerce with a nationwide physical showroom network. | Tru Kids is a New York-headquartered holding company owning Toys"R"Us, Babies"R"Us, and Geoffrey the Giraffe brands along with 20 toy and baby product lines. Established in 2018 post-bankruptcy acquisition, Tru Kids licenses trademarks for retail concepts in the U.S., Middle East, and Asia. Partnerships include Macy's toy shops and WHP Global for physical and e-commerce presence. | |
| HQ Country | |||||
| HQ City | New York City, NY | Amsterdam | New York City, NY | Parsippany, NJ | |
| Deal Date | 17 Dec 2024 | 5 Sep 2023 | 13 Apr 2023 | 15 Mar 2021 | |
| Valuation | undisclosed | undisclosed | $75M | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all WHP Global acquisitions and their M&A valuation multiples. Start Free Trial | |||||
Investments by WHP Global
WHP Global has invested in 1 company to date.
Latest investment by WHP Global was on May 13th 2026. WHP Global invested in MJ Topco in their Strategic investment round.
Latest Investments by WHP Global
| Description | MJ Topco, LLC is a 50/50 joint venture formed by WHP Global and G-III Apparel Group. The entity holds the permanent intellectual property of the Marc Jacobs fashion brand. |
| HQ Country | - |
| HQ City | - |
| Deal Date | 13 May 2026 |
| Round | Strategic investment |
| Raised | undisclosed |
| Investors | - |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all WHP Global investments and their VC round multiples. Start Free Trial | |
WHP Global Competitors
WHP Global competitors include listed companies like Beijing Caishikou, Thangamayil Jewellery, China National Gold Group and CHOW TAI SENG Jewellery, and private ones like Yuyuan Jewelry & Fashion Group and Savage X Fenty.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $4.3B | $249M | $1.5B | 0.2x | ||
| Publicly listed | $895M | $59M | $1.5B | 1.4x | ||
| Publicly listed | $10B | $59M | $1.8B | 0.1x | ||
| Publicly listed | $1.3B | $219M | $1.8B | 1.5x | ||
| Private | - | - | $1.4B | - | ||
| Private | $550M | - | $1B | 6.7x |
WHP Global Public Comps
WHP Global is still privately-owned, but its public comps include PAL Group Holdings, OVS, Makalot Industrial, Delta Galil, PC Jeweller, Beijing Caishikou, Premier Investments, Vardhman Textiles, Spin Master and China National Gold Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.5B | $192M | 0.8x | 0.8x | 6.3x | 6.2x | |||
| $2B | $450M | 1.6x | 1.5x | 7.0x | 9.6x | |||
| $1.1B | $167M | 1.3x | 1.3x | 8.1x | 7.9x | |||
| $2.1B | $202M | 1.0x | - | 10.4x | - | |||
| $353M | $90M | 4.6x | - | 18.0x | - | |||
| $4.3B | $249M | 0.2x | 0.2x | 3.9x | 4.6x | |||
| $557M | $184M | 2.5x | 2.4x | 7.5x | 8.4x | |||
| $1B | $156M | 1.5x | 1.4x | 10.1x | 9.4x | |||
This data is available for Pro users. Sign up to see all WHP Global competitors and their valuation data. Start Free Trial | ||||||||
Common questions about WHP Global
| When was WHP Global founded? | WHP Global was founded in 2019. |
| Where is WHP Global headquartered? | WHP Global is headquartered in New York City, NY, United States. |
| Is WHP Global publicly listed? | No, WHP Global is a private, VC-backed company. |
| What is WHP Global's valuation? | WHP Global was last valued at $1.6B in its undisclosed-stage round in March 2023. |
| How much funding has WHP Global raised? | WHP Global has raised $525M across 2 funding rounds. |
| What was WHP Global's last funding round? | WHP Global's last funding round was a $375M undisclosed-stage round in March 2023, led by Ares Management. |
| Who are WHP Global's investors? | WHP Global's investors include Oaktree Capital Management and Ares Management. |
| Which companies are comparable to WHP Global? | Companies comparable to WHP Global include Beijing Caishikou, Thangamayil Jewellery, China National Gold Group, CHOW TAI SENG Jewellery, Yuyuan Jewelry & Fashion Group and Savage X Fenty. |
| How many companies has WHP Global acquired? | WHP Global has acquired 6 companies, including Vera Wang, G-Star RAW, Bonobos, Tru Kids and Joseph Abboud. |
| What was the largest acquisition by WHP Global? | The $115M acquisition of Joseph Abboud in January 2020 is the largest acquisition WHP Global has made to date. |
| How many companies has WHP Global invested in? | WHP Global has invested in 1 company, including MJ Topco. |
| What was WHP Global's last investment? | In May 2026, WHP Global invested in MJ Topco's strategic investment round. |
See companies similar to WHP Global
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




