CEO Jason Rabin Expands Ownership in Centric Brands Through Management Buyout
CEO Jason Rabin Expands Ownership in Centric Brands Through Management Buyout
In a significant transformational step for Centric Brands, CEO Jason Rabin, alongside Group President Jarrod Kahn and a newly formed investor group, has successfully executed a management buyout of the company. This strategic move enhances Rabin's position, providing him with a majority stake while paving the way for robust growth and innovation.
The acquisition was completed on November 9, 2026, bringing together notable investors including Axar Capital Management, M-Cor Capital, and MSP Sports Capital. This new coalition is set to inject a wealth of experience and resources into Centric, fostering the company's ambitious growth strategy. As the new CEO continues leading the management team, the commitment to expanding Centric's brand portfolio and operational capabilities will be central to the company’s future direction.
For many years, Centric Brands has been recognized as a powerhouse in the lifestyle brand market, managing an extensive portfolio that includes renowned names such as Calvin Klein, Coach, and Michael Kors. Rabin expressed his enthusiasm about this new phase in the company's journey, stating, “With our new investor group, we’re poised to explore new avenues for growth, while further improving our capabilities for our retail and licensing partners.”
As Centric transitions into this exciting chapter, the company aims to build on its recent successes. Over the past few years, Centric has experienced steady growth, driven by strategic investments and operational refinements. Notably, the company has dedicated over $25 million to enhance its global sourcing operations, consolidating its competitive advantages.
Moreover, the company has made significant investments in expanding its distribution network, including state-of-the-art facilities across California and New Jersey, showcasing a firm commitment to its logistical and operational excellence.
In a bid to revolutionize its processes, Centric is also rolling out 'Centric IQ', an innovative internal AI platform designed to streamline operations across global teams. This strategic initiative illustrates the company's dedication to leveraging technology to optimize efficiency and drive business performance.
Reflecting on the partnership with the new investment group, Rabin continues, “We’re committed to amplifying our brand strengths and expanding our reach in the market. We believe that with Axar, M-Cor and MSP as partners, we will achieve unprecedented growth.”
Jarrod Kahn, who has been pivotal in driving brand performance, is optimistic about this new direction as well. He remarked, “Working alongside Jason, we are setting the stage for a future where Centric continues to lead with innovation and excellence.”
Centric Brands operates on a versatile three-platform business model that includes:
- - Centric Powered: This platform integrates brand building, design, manufacturing, and distribution—providing end-to-end solutions for brand owners.
- - Centric Ventures: This acts as a partnership framework to help founders scale their businesses while allowing them to maintain their creative vision.
- - Centric Collective: This division focuses on acquiring and managing brand intellectual properties to maximize long-term value.
Jeff Moorad, CEO of MSP Sports Capital, remarked on the partnership, highlighting the strong leadership and operational frameworks established by Jason and his team. “Their disciplined approach to brand management is unparalleled, and we are excited to partner with Centric as they push for a larger footprint, especially in the sports sector.”
Centric Brands' workforce has expanded considerably, with over 2,600 employees operating from 26 offices worldwide, spanning North America, Europe, and Asia. The company’s increased focus on Asian markets follows the successful establishment of its presence in Europe, aiming to tap into new consumer demographics and market opportunities.
The company's extensive brand portfolio includes over 100 licensed and proprietary brands, illustrating its strong market presence. In addition to fashion, Centric also holds major licenses in the entertainment sector, collaborating with iconic names such as Disney and Marvel.
As this new chapter unfolds, Centric Brands remains committed to investing in its core assets—its people and its operational excellence. With the leadership team firmly in place and a clear strategic vision ahead, Centric Brands is well-equipped to navigate future challenges and opportunities in the dynamic lifestyle brand landscape.
This management buyout marks not just a pivotal moment for Jason Rabin and his team, but also a broader commitment to ensuring long-term growth and relevance in an ever-evolving marketplace. As the company progresses, all eyes will be on how these changes unfold in the months to come.
Topics General Business）
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