M&A Deal Summary

Apex Global Brands Acquires Flip Flop Shops

On October 19, 2015, Apex Global Brands acquired retailer Flip Flop Shops

Acquisition Highlights
  • This is Apex Global Brands’ 1st transaction in the Retail sector.
  • This is Apex Global Brands’ 3rd transaction in the United States.
  • This is Apex Global Brands’ 1st transaction in Alabama.

M&A Deal Summary
Date 2015-10-19
Target Flip Flop Shops
Sector Retail
Buyer(s) Apex Global Brands
Deal Type Add-on Acquisition
Advisor(s) Meadow Lane Capital LLC (Financial)

Target

Flip Flop Shops

Hoover, Alabama, United States
website
Flip Flop Shops is a franchise retail chain dedicated to offering the hottest brands and latest styles of flip flops, casual footwear and accessories.

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Buyer(S) 1

Buyer

Apex Global Brands

Sherman Oaks, California, United States

website

Category Company
Founded 1988
Sector Retail
Revenue 21M USD (2020)
DESCRIPTION

Apex Global Brands is a specialty retailer of fashion and lifestyle brand stores. Apex Global Brands' portfolio spans multiple consumer product categories and retail tiers around the world & includes Hi-Tec, Magnum, 50 Peaks, Interceptor, Cherokee, Tony Hawk, Point Cove, Carole Little, Everyday California & Sideout. Apex Global Brands was founded in 1988 and is based in Sherman Oaks, California.

DEAL STATS #
Overall 3 of 4
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Alabama) 1 of 1
Country (United States) 3 of 3
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-19 Everyday California

La Jolla, California, United States

Everyday California is a lifestyle company, offering ocean adventures and California-sourced premium apparel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-28 Hi-Tec Sports International Holdings B.V.

Amsterdam, Netherlands

Hi-Tec Sports International Holdings B.V. is a provider of sports, outdoor, work & tactical footwear. Hi-Tec Sports manages and operates brands like Hi-Tec®, Magnum®, Interceptor® and 50Peaks®.

Buy -
Mergr

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