M&A Deal Summary

L2 Brands Acquires Legacy Athletic

On May 2, 2018, L2 Brands acquired apparel/textiles company Legacy Athletic

Acquisition Highlights
  • This is L2 Brands’ 2nd transaction in the Apparel/Textiles sector.
  • This is L2 Brands’ 2nd transaction in the United States.
  • This is L2 Brands’ 2nd transaction in Pennsylvania.

M&A Deal Summary

Date 2018-05-02
Target Legacy Athletic
Sector Apparel/Textiles
Buyer(s) L2 Brands
Deal Type Merger

Target

Legacy Athletic

Hanover, Pennsylvania, United States
Legacy Athletic is a designer and supplier of vintage-inspired collegiate, resort and corporate headwear, apparel and home decor.

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Buyer(S) 1

Buyer

L2 Brands

Hanover, Pennsylvania, United States

Category Company
Founded 1991
Sector Apparel/Textiles
DESCRIPTION

L2 Brands is a manufacturer and supplier of branded collegiate-licensed apparel. L2 Brands provides a full apparel offering including high-quality t-shirts, fleece, and bottoms, as well as adjacent product categories such as spirit blankets and pillows. L2 Brands was founded in 1991 and is based in Hanover, Pennsylvania.


DEAL STATS #
Overall 2 of 3
Sector (Apparel/Textiles) 2 of 3
Type (Merger) 2 of 2
State (Pennsylvania) 2 of 2
Country (United States) 2 of 3
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-02 League Collegiate Wear

Bridgeport, Pennsylvania, United States

League Collegiate Wear, Inc. is a manufacturer and supplier of branded collegiate-licensed apparel to the college market. League Collegiate provides a full apparel offering including high-quality t-shirts, fleece, and bottoms, as well as adjacent product categories such as spirit blankets and pillows.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-03 Locale Outdoor

Englewood, Colorado, United States

Locale Outdoor is a sportswear and headwear designer and distributor of customized casual apparel and headwear to an ever-growing list of customers in the resort, collegiate, golf, and specialty retail markets. Locale Outdoor is based in Englewood, Colorado.

Buy -