Revolution Capital Makes First Acquisition

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Revolution Capital Group announced a definitive agreement to acquire Dove Professional Apparel, a San Diego manufacturer of medical uniforms for the health care and educational industries.

Revolution Capital, a Los Angeles private investment firm, said that Dove, established in 1985, was the largest company in its marketplace.

The acquisition marks the first deal for Revolution Capital since its founding in January. The company, co-founded by Robert Loring and Cyrus Nikou, also has a principal office in the United Kingdom.

“This deal marks the beginning of a strategy to provide operational and financial resources to the businesses we buy, fair value to corporations looking to divest, and most importantly, jobs to people in a tough economic landscape,” Loring, the managing partner, said in a statement.

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