Boyne Capital announced that one of its affiliates has made an investment in Local Boy Outfitters, a consumer apparel and lifestyle brand focused on outdoor enthusiasts and Southern culture.
Founded in 2012, Local Boy Outfitters has developed a loyal customer base by maintaining its brand identity while continuously expanding its product assortment. The company is known for delivering thoughtfully designed apparel and accessories at accessible price points, which has contributed to strong demand and retail sell-through performance. The business has largely grown through word-of-mouth marketing and organic customer loyalty.
According to the announcement, the primary use of proceeds from the transaction was to buy out a co-founder who had not been active in the business. David Faulkenberry, Co-founder and CEO of Local Boy Outfitters, will continue leading the company and remain a significant shareholder following the investment.
Boyne Capital partnered with Sisu Equity and Consumer Growth Partners on the transaction.
Boyne Capital is a private equity firm focused on lower middle market investments across sectors, including business services, consumer products, healthcare services, financial services, industrial services, infrastructure, and engineering services. Founded in 2006, the firm provides operational expertise and growth capital to its portfolio companies.
KEY QUOTES:
“We are thrilled to partner with Boyne Capital, who has a long track record of supporting entrepreneurs, scaling businesses, and funding growth initiatives. Our customers can expect the same Local Boy they’ve always known, same people, same values, same commitment to quality and authenticity. This investment gives us additional resources to accelerate growth and better service our customers.”
David Faulkenberry, Co-founder And CEO, Local Boy Outfitters
“We look to partner with founders who have built something special. Local Boy’s leadership, culture, and customer connection are exactly why we invested, and those elements will continue to guide the company’s growth. We look forward to supporting the team as they scale the platform and bring new products to market.”
Derek McDowell, Managing Partner, Boyne Capital
“Local Boy has done an exceptional job building a brand that resonates with customers through fresh, thoughtfully designed products with an authentic, grassroots identity. We see a significant opportunity to support the Company by investing in product innovation, brand building, and disciplined channel expansion.”
Roman Krislav, Managing Director, Boyne Capital
