The change follows the integration of A&E and ITG last year under the leadership of Platinum Equity, which acquired ITG in 2016 and American & Efird in 2018. Under Elevate Textiles, the company will be able to provide both premium fabric and thread solutions globally with a strong portfolio of global solution-oriented brands in the textile industry.

“As a consolidated platform, Elevate Textiles will continue to focus on operational excellence, safety, and environmental sustainability, with an integrated approach to supply chain, R&D, and procurement. Elevate Textiles is committed to growth through customer collaboration, innovative product development, and delivery of premium, mission-critical textile solutions globally,” the firm said, in a news statement.  The new parent company will be headquartered in Charlotte, NC, while its current offices in Greensboro, NC and Mount Holly, NC will remain as divisional headquarters for the respective fabrics and threads portfolio brands. Elevate Textiles offers “mission critical textile solutions” across vast industries including fashion and functional apparel, footwear, military, fire, medical, athletic, automotive, aerospace, outdoor, and other specialty sectors. It services 25,000 customers in over 100 countries and across six continents via a global footprint that includes 37 facilities and over 15,000 employees.