ACS Clothing, the leading supplier of men’s hirewear, received an investment of a £3M Growth Capital from BOOST&Co.
Lance Mysyrowicz, partner at BOOST&Co, says he is thrilled to help the company achieve its next phase of success. “ACS Clothing has amazing growth ambitions for the U.S. market and we are very happy to support this expansion”.
ACS has evolved from a Scottish wholesale supplier of highlandwear to the leading provider of formalwear across the U.K. The company has recently launched its U.S. operations by establishing a 240,000 sq ft purpose-built facility in Memphis, Tennessee, to serve the U.S. wedding and prom markets. ACS stocks more than three million garments and processes circa 400,000 orders per year.
CEO Richard Freedman said: “We are excited to embark on our next phase of growth, leading the way into the U.S. ecosystem. The BOOST investment will now enable us to scale the U.S. operations and roll out our product throughout the U.S.”
ACS currently has offices in Glasgow, Memphis and Chicago and employs over 150 people.