TL;DR
Authentic Brands Group has acquired the Care Bears franchise from IVEST Consumer Partners and Cloverlay, expanding its lifestyle portfolio. The Care Bears franchise has generated over $12 billion in retail sales since its inception and is projected to exceed $750 million in retail sales by the end of 2026.
IVEST Consumer Partners and Cloverlay have sold the popular children’s franchise Care Bears to Authentic Brands Group, a company specializing in sports, media, entertainment, and lifestyle platforms.
Under the previous ownership and operational leadership of Cloverlay and IVEST, Care Bears significantly increased its revenue. The franchise experienced a four-fold increase in revenue.
It is projected that Care Bears will exceed $750 million in retail sales by the end of 2026.
Since its inception, the Care Bears franchise has generated more than $12 billion in retail sales.
Authentic Brands Group, the new owner, currently boasts brands that collectively generate over $36 billion in annual system-wide retail sales globally.
In this story
This story was originally published by Iris Dorbian in PE Hub on June 30, 2026. Burnaze summarizes and links to the original reporting.
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