The private equity fund, MCG Global has acquired Imperial Headwear from Arena Brands. Imperial derives approximately 75% of its revenues from the golf industry, where its headwear products are sold in 89 of the top 100 golf courses in the United States, primarily through the ‘green grass’ channel. The senior management team, led by the company’s president, John Bond, will remain with the Company and now hold equity in the business.

“We have great partners at each level of the capital structure and their operating and financial acumen will support the Company's growth initiatives,” said S. Garrett Stonehouse, principal and co-founder of MCG Global, and who will serve as Chairman of the Board at Imperial. “The balance sheet is geared to promote expansion and innovation. In addition to the solid base of business the Company enjoys, Imperial has numerous untapped opportunities that we have already begun to aggressively target.”