Nixon established an agreement with Trilantic Capital Partners (“TCP”) and Billabong, each of which now owns a 48.5% stake in the brand, with the balance 3% held by Nixon management, including Laats and DiNenna.
The ownership structure of the brand is as follows: Trilantic Capital Partners ("TCP") and Billabong each own 48.5%, while Nixon management (including Laats and DiNenna) holds the remaining 3%.