Meaningful Partners LLC (together with certain affiliates, "Meaningful"), a 
Los-Angeles based private equity firm, announced today the completion of a 
strategic growth investment in Active Apparel Group ("AAG" or the "Company"), a 
leading, socially-responsible manufacturer of activewear and swimwear for both 
leisure/lifestyle and performance markets. Based in Brisbane, Australia with 
its US office in Los Angeles, CA, AAG proudly offers its customers a strategic 
end-to-end solution in the development and sourcing of active apparel products.

"Meaningful clearly shares our values and approach to business," said Paul 
McCloskey, founder of AAG. "We are grateful to have found the Meaningful team 
who will support us with the resources to expand our business and better serve 
our partner brands. The Meaningful team collectively has decades of experience 
that will help guide AAG into its next phase of growth."

AAG is committed to delivering cutting-edge, sustainable apparel solutions to 
its customers while providing its team members with a rewarding culture focused 
on personal development and teamwork. With multiple decades of experience in 
performance textile development and an in-depth knowledge of garment 
engineering and manufacturing, the Company offers an end-to-end suite of 
solutions for swim and activewear brands spanning product development and 
fabric sourcing to printing, embellishments and bulk production. AAG's 
vertically integrated design, development and manufacturing solution is trusted 
by leading active and swimwear brands globally. This new investment will enable 
the Company to accelerate growth and expand its presence in both existing and 
new markets.

"We are excited by the opportunity to partner with the Active Apparel team in 
becoming the premier global activewear supplier," said Jake Capps, Managing 
Partner at Meaningful Partners. "We look to invest in businesses with proven 
track records of success, experienced leadership teams committed to positive 
purpose and significant growth potential. AAG has shown all of these qualities. 
We look forward to building on this history of success."

MinterEllison and Buchalter represented Meaningful Partners as legal counsel. 
AAG was advised by Jones Day on legal matters.

About Active Apparel:
Active Apparel Group is a leading, socially-responsible garment manufacturing 
group specializing in the production of activewear and swimwear for market 
leading international brands. The group is headquartered in Brisbane, Australia 
while the Company supplies to customers throughout the world including the 
United States, Australia, Europe, China and Canada. Active Apparel Group 
proudly provides its customers with a strategic end-to-end solution from 
development, sourcing and manufacturing to global delivery of garments.

About Meaningful Partners:
Meaningful Partners, with offices in Los Angeles, CA and Austin, TX, invests in 
purposeful consumer businesses that have earned customer trust and loyalty, 
demonstrate a commitment to all stakeholders and are led by management teams 
empowering positive purpose and performance. Meaningful Partners makes control 
and minority investments ranging from $10 million to $50+ million in 
lower-middle market and high growth companies. The firm is led by an 
experienced investor and operator management team that leverages an Expert 
Community of 45+ CEO/Founders and discipline experts with over 800+ years of 
collective experience who bring relevant domain expertise to help accelerate 
the growth and impact at our partner companies. More at 
https://meaningfulpartners.com.

SOURCE: Meaningful Partners