All M&A articles

  • Mad_Jack_Snowsports_Strap
    News briefs

    California ski boot company seeks buyer to further expand business

    2022-09-15T05:41:00Z

    The CEO of Mad Jack Snowsports, Kristin Mehiel, has announced that she intends to sell the company to give it the opportunity to grow further. The California-based company has in the past launched a novel ski boot that allows users to ski with the comfort of a snowboard boot: the ...

  • Yvon_Chouinard_Photo-Campbell Brewer(1)
    Article

    The Chouinard family transfers ownership of Patagonia: "Earth is now our only shareholder"

    2022-09-15T02:30:00Z

    Source: Campbell Brewer Yvon Chouinard Nearly 50 years after founding Patagonia, Yvon Chouinard and his family (along with his children Claire and Fletcher) have decided to give away their company to ensure that all proceeds are used to fight climate change. The Chouinard family has transferred all ...

  • New Wave Logo
    Article

    New Wave Group acquires B.T.C. Activewear

    2022-09-02T12:29:00Z

    New Wave Group, the Swedish parent company of Craft, Seger, Auclair, Derby of Sweden, D.A.D. Sportswear, Speedo and a dozen other sports and leisure brands, as well as roughly three dozen corporate, gift and home furnishings brands, has acquired 100 percent of B.T.C. Activewear Limited, a British promotional, corporate and ...

  • MySale
    News briefs

    Sports Direct’s owner wants to buy MySale

    2022-08-31T14:41:00Z

    Frasers Group, the owner of Sports Direct, has made a cash offer for Australian off-price marketplace MySale, in which Frasers Group is already the largest shareholder. Frasers acquired a 28.7 percent stake in MySale earlier this summer, as reported by SGI Europe at the time. The retail group has now ...

  • USTA
    News briefs

    USTA sells Western and Southern Open

    2022-08-18T05:54:00Z

    Beemok Capital has entered into a definitive agreement to acquire Cincinnati’s Western and Southern Open from the U.S. Tennis Association (USTA). The firm, described as the “family office of Benjamin Navarro,” has not disclosed terms, but Sports Business Journal reports that early bidders had made offers ranging from $200 to ...

  • News briefs

    Ski base manufacturer Isosport buys Romanian factory from Novo Tech

    2022-08-17T09:25:00Z

    Eisenstadt, Austria-based plastics composites manufacturer Isosport has acquired Polish plastics specialist Novo Tech’s factory in Oradea, western Romania, for an undisclosed price, deal advisor Nestor Nestor Diculescu Kingston Petersen told Snow Industry News earlier this week. Isosport is the world leader in innovative plastic solutions for the ski, snowboard and ...

  • Article

    Silver Lake to acquire Diamond Baseball Holdings

    2022-08-12T07:44:00Z

    Endeavor Group Holdings has entered into a definitive agreement to sell Diamond Baseball Holdings (DBH), owner of ten Minor League clubs affiliated with six Major League Baseball (MLB) clubs: the Chicago Cubs, New York Yankees, San Jose Giants, San Francisco Giants, Atlanta Braves and Los Angeles Dodgers. The buyer is ...

  • Active Brands_ColourWear_Logo
    Article

    Tenson sells ColourWear to Swedish Active Brands Group

    2022-08-11T11:58:00Z

    Sweden-based Active Brands Group Scandinavia AB (not to be confused with Oslo, Norway-based Active Brands AS) announced the acquisition of ColourWear from Tenson, expanding its product portfolio in the board and ski apparel market and strengthening its position as a global distributor of consumer, health and sports brands. ColourWear was ...

  • Descente Logo
    News briefs

    Descente increases stake in Ningbo Le Coq Sportif

    2022-08-11T08:57:00Z

    Japanese sportswear and accessories company Descente Ltd. announced in a notice to shareholders that it has increased its stake in Le Coq Sportif (Ningbo) Co. Ltd. (NLCS). NLCS was established by Sugiei and Itochu Textile (China) Co., Ltd. (ITS), a subsidiary of Itochu Corporation, in 2004 to expand the brand’s ...

  • Athlete's Foot TAF Logo
    News briefs

    The Athlete’s Foot announces Joe Delphry’s seven store franchise transition

    2022-08-10T10:23:00Z

    The Athlete’s Foot (TAF) announced that Joe Delphry, a TAF franchise owner since 1999, has transitioned his seven stores to The Dahir Group. Delphry and The Dahir Group’s Shady Dahir have been friends for years, a press release states, and TAF is “thrilled that the legacy of Joe’s stores will ...

  • JD Sports Fashion
    News briefs

    JD Sports Fashion divests Footasylum to Aurelius Group

    2022-08-01T08:28:00Z

    JD Sports Fashion has exchanged contracts on July 29, 2022, to sell Footasylum Limited and its associated subsidiaries to Aurelius Group for £37.5 million (€44.7m). Aurelius is a pan-European private equity group with offices in Luxembourg, Munich, London, Stockholm, Madrid, Milan and Amsterdam and over 40 international portfolio companies. The ...

  • Xtep_company_logo
    News briefs

    ​Xtep’s controlling shareholder sells 80 million shares

    2022-07-27T09:02:00Z

    The largest shareholder of Chinese sportswear brand Xtep International, Group Success Investments Limited, has sold 80 million shares, or about 3.04 percent of the free float, for HK$12.70 per share (€127.8m in total). Group Success is majority owned by the Ding family, which controls Xtep. Xtep did not disclose the ...

  • Shiffon-Estore-Phenix
    News briefs

    Japanese e-commerce company to acquire majority stake in Phenix owner

    2022-07-27T08:29:00Z

    As reported by sportstextiles.com, Japanese e-commerce company E-store Corporation has taken steps to acquire Shiffon, a Tokyo-based licensee and developer of brands such as Kappa and Hummel, and Phenix licensee* for its worldwide sales territories except for China, the brand founded in 1952 that is the official outfitter of the ...

  • News briefs

    Rawlings acquires Jack Corbett Hollywood Bases

    2022-07-22T12:38:00Z

    Rawlings Sporting Goods Company, the global brand and manufacturer of baseball and softball equipment, has acquired the Jack Corbett Hollywood Bases brand from Schutt Sports. The acquisition allows Rawlings to add field bases and accessories to its list of officially licensed Major League Baseball (MLB) products. The Jack Corbett Hollywood ...

  • News briefs

    Viaplay Group acquires Premier Sports

    2022-07-22T12:37:00Z

    International streaming company Viaplay Group AB has agreed to acquire Premier Sports, a U.K.-based sports streamer and TV channel operator. The transaction values Premier Sports at £30 million (€35.2m) on a cash and debt-free basis, said Viaplay in a statement. The move comes ahead of the launch of Viaplay’s streaming ...

  • News briefs

    Accell Group delisting shares on Aug. 22, going private

    2022-07-21T07:45:00Z

    Accell Group, with more than 95 percent of shares tendered for a proposed buyout by U.S. financial investor KKR (Kohlberg Kravis Roberts) and Teslin, intends to delist its shares on the Euronext Amsterdam on Aug. 22 and simultaneously convert into a private company with limited liability. KKR/Teslin first revealed its ...

  • News briefs

    Sidi Sport to be sold to Italmobiliare

    2022-07-20T14:04:00Z

    Italmobiliare has invested in Sidi Sport, the iconic Italian brand specializing in cycling and motorcycling footwear. As per the terms of the agreement, 100 percent of the capital of Sidi Sport S.r.l. will be taken over by Italmobiliare for €66 million, in addition to the net cash held by the ...

  • Codi_Primaloft
    News briefs

    CoDi completes acquisition of PrimaLoft

    2022-07-14T05:38:00Z

    Compass Diversified (CoDi) has completed the previously announced acquisition of PrimaLoft Technologies Holdings, Inc, the parent company of PrimaLoft, from Victor Capital Partners and minority owners according to an agreement signed on June 4 of this year. The acquisition was completed for a purchase price of $530 million (excluding working ...

  • Designer_Brands_Logo
    Article

    Designer Brands adds Le Tigre to growing portfolio

    2022-07-12T15:23:00Z

    Ohio-based Designer Brands Inc., one of North America’s largest designers, producers and retailers of footwear and accessories and parent of the U.S. Designer Shoe Warehouse (DSW) retail chain, announced an investment in and licensing agreement with Le Tigre 360 Global. The deal adds Le Tigre to Designer ...

  • Coats Texon
    Article

    Coats acquires Texon

    2022-07-12T07:25:00Z

    Coats Group, a U.K.-based manufacturer of industrial yarns, has reached a definitive agreement to acquire Texon, a supplier of components and materials for footwear, accessories and apparel for Nike, Adidas and other brands, for an enterprise value of $237 million and a total cash value of $211 million after deductions ...