Genesco - M&A Summary and Business Overview

RetailCompany

Genesco M&A Summary

Genesco has acquired 4 companies, including 1 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 2 assets.

Genesco’s largest acquisition to date was in 2004, when it acquired Hat World for $165M. It’s largest disclosed sale occurred in 2018, when it sold The LIDS Sports Group to Fanzz Gear for $100M. Genesco has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include retail (75%) and apparel/textiles (25%).

Genesco Business Overview

Where is Genesco headquartered?

Genesco is headquartered in Nashville, Tennessee.

What is Genesco’s revenue?

Genesco disclosed revenue of 2,422M USD for 2022 and 1,787M USD for 2021.

How many employees does Genesco have?

Genesco has 5,400 employees.

What sector is Genesco in?

Genesco is a retail company.

When was Genesco founded?

Genesco was founded in 1924.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity4
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 4
  • M&A Advisors 2

Genesco

Genesco, Inc.

Genesco Park 1415 Murfreesboro Pike PO Box 731,
Nashville, Tennessee 37217
United States,
(615) 367-7000
www.genesco.com

Genesco is a specialty retailer that sells footwear, headwear, sports apparel and accessories. Genesco's branded stores include Journeys, Schuh, and Lids Sports. The Company also designs, sources, markets and distributes footwear under its own Johnston & Murphy brand, the Trask brand, and the licensed Dockers brand. Genesco was founded in 1924 and is based in Nashville, Tennessee.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 4 - - - - - 4
vol $233M $233M
Sell (0.0/yr) # 2 - - - - - 2
vol $100M $100M
  6

Most Recent M&A

Company Date Value Type
Togast LLC 2019-12-18 68M USD Add-on Acquisition
New York, New York
The LIDS Sports Group 2018-12-14 100M USD Divestiture
Indianapolis, Indiana · www.lids.com
SureGrip Footwear 2016-12-06 - Divestiture
Nashville, Tennessee · www.suregripfootwear.com
Aldo Group - Little Burgundy Chain 2015-11-03 - Divestiture
, Canada
Hat Shack, Inc. 2007-01-11 - Add-on Acquisition
Marietta, Georgia
Hat World, Inc. 2004-02-05 165M USD Add-on Acquisition
Indianapolis, Indiana
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Retail 3 (75%) 165M (71%) 1 (50%) 100M (100%)
Apparel/Textiles 1 (25%) 68M (29%) 1 (50%) -
Total 4 $233M 2 $100M

By Geo

State/Country Buy Value Sell Value
United States 3 233M 2 100M
  Indiana 1 165M 1 100M
  New York 1 68M - -
  Georgia 1 - - -
  Tennessee - - 1 -
Canada 1 - - -
Domestic 3 (75%) 233M (100%) 2 (100%) 100M (100%)
Cross-border 1 (25%) - - -
Total 4 $233M 2 $100M

Top M&A Advisors

Financial Deals
Solomon Partners
2
Legal Deals
Bass, Berry & Sims PLC
2

Deal Values

buy # Total
$100M to $1B 1 $165M
< $100M 1 $68M
TOTAL $233M
Largest Hat World, Inc.
$165M (2004-02-05)
sell # Total
< $100M 1 $100M
TOTAL $100M
Largest The LIDS Sports Group
$100M (2018-12-14)

M&A Connections

Deals
Acquired from
Investor(s)
25%
1 (25%)
Strategic(s)
25%
1 (25%)
Divested to
Strategic(s)
100%
2 (100%)

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