New York-based brand and entertainment platform Authentic Brands Group nee OVO ki high stakes intellectual property khareed ki hai, jo Canadian lifestyle brand hai jo Drake ne banaya hai. Is transaction ke terms disclose nahi kiye gaye. Authentic Brands Group, CVC Capital Partners, General Atlantic aur Leonard Green & Partners ke support se kaam karti hai. Drake OVO mein important stake rakhega.

Is transaction ka hisaab se, Vince Holding Corp, Authentic ki global network ka partner hai, ne OVO operating business khareed liya hai aur brand ka design, product development, merchandising aur retail stores dekhne ke liye sambhavalit hai. Authentic Brands Group ke portafolio mein Reebok, Brooks Brothers, Forever 21 aur David Beckham, Prince, Elvis Presley aur Marilyn Monroe jaise celebrity estates shumar hain.