According to an article on Business Wire, Columbia Pacific Advisors has offloaded Spacecraft, Pow and Holden to three separate buyers.
POW Gloves was sold to Rojo Australia, a snow apparel company based in Torquay, Australia, with strong international links in the snow market globally. Rojo has retained the executive team and is working on a business-as-usual approach for all markets. POW Gloves, a leader in cold weather gloves, was fostered out of the love of snow and outdoor activities and the need for no-nonsense hand wear that is built to last.
Holden Outerwear was sold to private investors. Holden Outerwear was founded by professional snowboarder Mikey LeBlanc and designer Scott Zergebel with a mission to create apparel built on values of quality, style, fit and environmental awareness. Both LeBlanc and Zergebel will continue with the brand under the new ownership.
Spacecraft Collective was sold to Omen Longboards, a skateboard company based in Lynnwood, Wash. Spacecraft Collective makes headwear, apparel and accessories, merging art with outdoor activities.