Action sports company DaKine has been acquired by San Francisco-based private investment firm Altamont Capital Partners. Following the sale’s completion July 23, DaKine announced that its president Francois Carrete had stepped down, and that Leslie Lane of Altamont Capital will assume the role of chairman and CEO.
The $70 million sale occurred as part of a rescue deal between Billabong and Altamont, in an effort to reduce Billabong’s debt … More
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