M&A Deal Summary

American Exchange Group Acquires Indie Lee

On July 23, 2024, American Exchange Group acquired consumer products company Indie Lee from Ancora

Acquisition Highlights
  • This is American Exchange Group’s 4th transaction in the Consumer Products sector.
  • This is American Exchange Group’s 7th transaction in the United States.
  • This is American Exchange Group’s 2nd transaction in New York.

M&A Deal Summary
Date 2024-07-23
Target Indie Lee
Sector Consumer Products
Buyer(s) American Exchange Group
Sellers(s) Ancora
Deal Type Divestiture

Target

Indie Lee

South Salem, New York, United States
Indie Lee is an owner and operator of a cosmetics company intended to offer an eco-chic collection of skincare products. Indie Lee offers natural beauty products such as anti-aging kits like rosechip cleansers, swiss apple facial serums, squalane facial creams, and facial and body oils, enabling users to buy these products online to regenerate and tone their skin and body. Indie Lee was founded in 2010 and is based in South Salem, New York.

Search 201,292 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

American Exchange Group

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

American Exchange Group is a design, manufacturer of footwear, technology, watches, jewelry, outerwear, and handbags. American Exchange Group is based in New York.

DEAL STATS #
Overall 7 of 7
Sector (Consumer Products) 4 of 4
Type (Divestiture) 1 of 1
State (New York) 2 of 2
Country (United States) 7 of 7
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-09 Island Surf

Hanover, Massachusetts, United States

Island Surf is a footwear brand that offers a wide range of products designed to cater to surfers and beachgoers. Island Surf was founded in 2008 and is based in Hanover, Massachusetts.

Buy -

Seller(S) 1

SELLER

Ancora

Chicago, Illinois, United States
Category Company
Founded 2017
Sector Business Services
DESCRIPTION

Ancora is a client-focused investment management and family wealth advisory firm that operates with the highest level of integrity and honesty in all aspects of our business. Ancora was founded in 2017 and is based in Chicago, Illinois.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-23 VAPOUR BEAUTY

Taos, New Mexico, United States

VAPOUR BEAUTY is a luxury natural color cosmetics brand that prioritizes personal and planetary health. Firmly committed to sophisticated performance, clean ingredients, integrity, transparency and sustainability, Vapour’s mission is to elevate inclusive organic beauty across the spectrums of age, race, and gender. VAPOUR BEAUTY is based in Taos, New Mexico.

Buy -
Mergr

Product

Company

Legal