By  on August 15, 2019

San Francisco-based bag brand Timbuk2 revealed this week that it now belongs to Exemplis, a furniture company in Los Angeles, and its founder, Paul DeVries, for an undisclosed amount. The sale, which has been finalized, shifts ownership from TB2 Investors, headed by Ken Pucker — former chief operating officer of Timberland and current Berkshire Partners advisory director — after 13 years.

“At first glance, most people wouldn’t necessarily see the parallels between a furniture company and Timbuk2,” Patti Cazzato, the bag maker’s chief executive officer, admitted in the press statement, “but, with DeVries’ innovative manufacturing perspective, he is well-versed in the main touchpoints of what makes us, us.”

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