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Apparel Licensor Mad Engine Sells Controlling Stake to Investment Firm

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

Mad Engine, a manufacturer, wholesaler and distributor of licensed, private label and branded apparel and accessories, is now under new majority ownership. Global investment firm Platinum Equity said it has acquired a controlling stake in Mad Engine from affiliates of the company’s current ownership group, Mad Engine LLC, which has owned the business since 2011….

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