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Billabong was primarily financed by its founders, Gordon Merchant, who started the company in the early 1970s. Over the years, it attracted investments from various private equity firms, including the involvement of firms like TPG Capital in the early 2000s. The company went public on the Australian Stock Exchange in 2000, further expanding its financial backing through public investment. In 2018, Billabong was acquired by Boardriders, Inc., which is owned by the investment firm Altamont Capital Partners.

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AnswerBot

3d ago

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