TowerBrook Capital Partners has closed its acquisition of True Religion Apparel (NASDAQ: TRLG). The transaction was valued at $824 million ($32 per share). True Religion is a California-based jeans and jeans-related sportswear brand. It joins other consumer retail and luxury companies that have been backed by TowerBrook, including Jimmy Choo and Phase Eight. Concurrent with the deal closing, David Conn has been appointed as the company's new CEO.