US private equity-backed Marquee Brands has acquired sportswear company Body Glove International in a deal that marks its first foray into the active and outdoor sector.

"While the brand is already ubiquitous and wildly successful, the opportunity to further expand its global footprint is at the core of our focus," explains Michael DeVirgilio, president of Marquee Brands. "There is tremendous growth ahead for Body Glove to develop new product categories that cater to a consumer that embraces life, the outdoors and an active lifestyle."

Body Glove is a surf, skateboard and watersports brand that was established in California in 1953 by brothers Bob and Bill Meistrell.

Under the terms of the sale agreement, the Meistrell family will retain a minority interest in the Body Glove brand and remain partners in its future growth. Marquee also plans to invest in a west coast office to further support the transition.

The deal marks Marquee's third investment, following the acquisitions of Italian luxury brand Bruno Magli and British fashion brand Ben Sherman.

Oxford Industries completes Ben Sherman sale

Marquee Brands buys Italy's Bruno Magli