Original sentence: In 2000, Active Apparel Group [AAGP] acquired the Everlast brand and boxing equipment, and later UK-brased Brands Holdings acquired Everlast Worldwide in 2007
Edited sentence: In 2000, Active Apparel Group [AAGP] acquired the Everlast brand and boxing equipment, and later UK-based Brands Holdings acquired Everlast Worldwide in 2007