---
title: "IVEST and Cloverlay sell popular children’s franchise Care Bears to Authentic Brands Group"
url: https://burnaze.com/article/49b18afa-2255-42d2-b3b7-30c0e1c5825e
source: "PE Hub"
original_url: https://www.pehub.com/ivest-and-cloverlay-sell-popular-childrens-franchise-care-bears-to-authentic-brands-group/
author: "Iris Dorbian"
category: "Retail"
industry: "Retail"
published: 2026-06-30T15:15:49.000Z
modified: 2026-06-30T16:45:25.642Z
image: https://images.unsplash.com/photo-1450101499163-c8848c66ca85?w=1600&q=80&auto=format&fit=crop
---

# IVEST and Cloverlay sell popular children’s franchise Care Bears to Authentic Brands Group

**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.

*By Iris Dorbian, originally published in PE Hub on 2026-06-30. [Read the original](https://www.pehub.com/ivest-and-cloverlay-sell-popular-childrens-franchise-care-bears-to-authentic-brands-group/).*

## Story

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.

## Entities

- franchise expansion (topic)
- Retail (sector)
- PE Hub (publication)
- brand acquisition (topic)
- Iris Dorbian (person)
- retail sales (topic)
- Authentic Brands Group (company)
- lifestyle portfolio (topic)
- IVEST Consumer Partners (investor)
- Cloverlay (investor)
- Care Bears (company)

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Originally reported by Iris Dorbian, PE Hub (https://www.pehub.com/ivest-and-cloverlay-sell-popular-childrens-franchise-care-bears-to-authentic-brands-group/). Summarized by Burnaze (https://burnaze.com/article/49b18afa-2255-42d2-b3b7-30c0e1c5825e).