Ropes & Gray Advised Vince Holding Corp. in Cross-Border Acquisition of October's Very Own and Related IP Transaction with Authentic Brands Group

Ropes & Gray represented Vince Holding Corp. (VNCE) in a cross-border transaction involving the acquisition of the operating business of October's Very Own (OVO), a globally recognized Canadian streetwear and lifestyle brand co-founded by the Canadian rapper, Aubrey “Drake” Graham.

As part of the transaction, Authentic Brands Group acquired the majority of OVO's intellectual property, and VNCE obtained an exclusive, long-term worldwide license to that IP for use in the ongoing operation of the OVO business. The transaction was announced on August 27.

Ropes & Gray served as global IP and licensing counsel and U.S. M&A, capital markets, and tax counsel to VNCE.

Vince Holding Corp. is a global retail platform that operates the Vince brand women's and men's ready-to-wear business. Authentic Brands Group is a global entertainment and brand management platform.

The Ropes & Gray team was led by IP transactions partner Erica Han and capital markets partner Craig Marcus and included tax partners Zhen Zhang and David Saltzman, employment, executive compensation & benefits partner Renata Ferrari, IP transactions counsel Christopher Han, and private equity counsel Amy Olson.