M&A Deal Summary

Bravo Sports Acquires Dwindle Distribution

On August 28, 2019, Bravo Sports acquired consumer products company Dwindle Distribution from Globe

Acquisition Highlights
  • This is Bravo Sports’ 5th transaction in the Consumer Products sector.
  • This is Bravo Sports’ 6th transaction in the United States.
  • This is Bravo Sports’ 5th transaction in California.

M&A Deal Summary

Date 2019-08-28
Target Dwindle Distribution
Sector Consumer Products
Buyer(s) Bravo Sports
Sellers(s) Globe
Deal Type Divestiture

Target

Dwindle Distribution

El Segundo, California, United States
Dwindle Distribution is a skateboard designer, manufacturer, and distributor that owns iconic brands such as Almost, Blind, Darkstar, Dusters, Enjoi, Speed Demons, Superior and Tensor Truck.

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Buyer(S) 1

Buyer

Bravo Sports

Santa Fe Springs, California, United States

Category Company
Founded 1965
Sector Consumer Products
DESCRIPTION

Bravo Sports is a manufacturer of sporting goods and outdoor categories. Bravo provides branded consumer products such as scooters, skateboards, skates, and canopies to a blue-chip customer base across the mass merchants, sporting goods and big-box retailers. Bravo Sports was founded in 1965 and is based in Santa Fe Springs, California.


DEAL STATS #
Overall 6 of 6
Sector: Consumer Products M&A 5 of 5
Type: Divestiture M&A Deals 3 of 3
State: California M&A 5 of 5
Country: United States M&A 6 of 6
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-01 Bravo Sports - Outdoor Products Division

Santa Fe Springs, California, United States

Bravo Sports, Inc. - Outdoor Products Division is a designer, innovator, manufacturer and marketer of shade canopies, outdoor chairs and related accessories. Products from this division are sold under brands such as QuikShade, Solo, Shade Tech, Moto Shade and GO.

Sell -

Seller(S) 1

SELLER

Globe

Port Melbourne, Australia

Category Company
Founded 1984
Sector Apparel/Textiles
Revenue 222M AUD (2024)
DESCRIPTION

Globe is a producer and distributor specializing in purpose-built apparel, footwear, and hard goods for the boardsports, street fashion, and workwear markets. Globe international products are sold in just under 100 countries around the world and have offices, distribution and manufacturing centres in Melbourne and Gold Coast, Australia, Los Angeles, London, Hossegor and Lyon, and Shenzhen, China. Globe was founded in 1984 and is based in Port Melbourne, Australia.


DEAL STATS #
Overall 2 of 2
Sector: Consumer Products M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-19 Globe International - Streetwear Division

Australia

Globe International's Streetwear Division is a building and managing boardsports and streetwear brands.

Sell AU$42M