Based in Los Angeles, California, and founded by Peter Kim in 2002, Hudson makes women’s and men’s branded denim clothing. Kim, who will remain CEO of Hudson, will become a member of the Joe’s Jeans board of directors. Fireman Capital acquired a controlling stake in the company in 2009.
Dan Fireman, managing partner of Fireman Capital, which acquired a controlling stake in Hudson in 2009, said, “We are proud of our partnership with Hudson and all that we have achieved together, and are pleased that Hudson has found a perfect home with Joe’s Jeans to take the company to the next stage in its development.”
Fireman Capital focuses on consumer businesses with revenues between $20m and $150m.
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