1. Home >
  2. M&A >
  3. Divestiture >
  4. United States >
  5. Michigan >
  6. Aldo Group and Authentic Brands Group Acquire Sperry

M&A Deal Summary

Aldo Group and Authentic Brands Group Acquire Sperry

On January 11, 2024, Aldo Group and Authentic Brands Group acquired apparel/textiles company Sperry from Wolverine World Wide

Acquisition Highlights
  • This is Aldo Group’s 2nd and Authentic Brands Group’s 19th transaction in the Apparel/Textiles sector.
  • This is Aldo Group’s 2nd and Authentic Brands Group’s 25th transaction in the United States.
  • This is Aldo Group’s 1st and Authentic Brands Group’s 1st transaction in Michigan.

M&A Deal Summary
Date 2024-01-11
Target Sperry
Sector Apparel/Textiles
Buyer(s) Aldo Group
Authentic Brands Group
Sellers(s) Wolverine World Wide
Deal Type Divestiture

Target

Sperry

Rockford, Michigan, United States
Sperry provides men, women, kids, or babies with a selection of hand-crafted footwear, based in Rockford, Michigan.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 2

Buyer

Aldo Group

Montreal, Quebec, Canada
Category Company
Founded 1972
Sector Apparel/Textiles
DESCRIPTION

Aldo Group, Inc. is a designer of footwear.

DEAL STATS #
Overall 2 of 2
Sector: Apparel/Textiles M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Michigan M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-22 Aldo

United Kingdom

Aldo is a footwear retailer business of Aldo Group serving clients around the United Kingdom.

Sell -
Buyer

Authentic Brands Group

New York City, New York, United States
Category Company
Sector Consumer Products
DESCRIPTION

Authentic Brands Group is a brand development company which owns a major global portfolio of iconic fashion, sports and entertainment brands. ABG's mission is to acquire, manage and build long-term value of consumer brands through partnering with best-in-class licensees and retailers. Authentic Brands Group is based in New York City, New York.

DEAL STATS #
Overall 30 of 30
Sector: Apparel/Textiles M&A 19 of 19
Type: Divestiture M&A Deals 12 of 12
State: Michigan M&A 1 of 1
Country: United States M&A 25 of 25
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-26 Rockport

Canton, Massachusetts, United States

Rockport is a designer and marketer of high-quality comfort footwear for men and women. Rockport was founded in 1971 and is based in Canton, Massachusetts.

Buy -

Seller(S) 1

SELLER

Wolverine World Wide

Rockford, Michigan, United States
Category Company
Founded 1883
Sector Apparel/Textiles
Employees3,100
Revenue 1.8B USD (2024)
DESCRIPTION

Wolverine World Wide is a marketer of branded casual, active lifestyle, work, outdoor sport, athletic, children's and uniform footwear and apparel. Wolverine World Wide was founded in 1883 and is based in Rockford, Michigan.

DEAL STATS #
Overall 2 of 2
Sector: Apparel/Textiles M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Michigan M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-08 Keds

Rockford, Michigan, United States

Keds is a manufacturer of Keds canvas sneakers & leather shoes in a variety of styles, patterns & colors. Keds is based in Rockford, Michigan.

Sell -
Mergr

Solution for

Product

Company

Legal