M&A Deal Summary

Caleres Acquires Allen Edmonds

On December 13, 2016, Caleres acquired apparel/textiles company Allen Edmonds from Brentwood Associates for 255M USD

Acquisition Highlights
  • This is Caleres’ 6th transaction in the Apparel/Textiles sector.
  • This is Caleres’ 2nd largest (disclosed) transaction.
  • This is Caleres’ 6th transaction in the United States.
  • This is Caleres’ 1st transaction in Wisconsin.

M&A Deal Summary
Date 2016-12-13
Target Allen Edmonds
Sector Apparel/Textiles
Buyer(s) Caleres
Sellers(s) Brentwood Associates
Deal Type Add-on Acquisition
Deal Value 255M USD

Target

Allen Edmonds

Port Washington, Wisconsin, United States
Allen Edmonds Corp. is a manufacturer of men’s premium handcrafted leather footwear and accessories. Allen Edmonds was founded in 1922 and is based in Port Washington, Wisconsin.

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Buyer(S) 1

Buyer

Caleres

St. Louis, Missouri, United States
Category Company
Founded 1878
Sector Retail
Employees5,100
Revenue 2.8B USD (2024)
DESCRIPTION

Caleres originally founded as Brown Shoe Company, Inc., is a global footwear retailer and wholesale. Caleres operates retail shoe stores and e-commerce websites as well as designs, sources and markets footwear for women and men. Caleres was incorporated in 1878 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 6 of 7
Sector (Apparel/Textiles) 6 of 7
Type (Add-on Acquisition) 4 of 5
State (Wisconsin) 1 of 1
Country (United States) 6 of 7
Year (2016) 1 of 1
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-14 Brown Shoe - Avia & Nevados Brands

United States

Brown Shoe - Avia & Nevados Brands a fashion footwear.

Sell $74M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-18 Vionic Group

San Rafael, California, United States

Vionic Group LLC is a privately held global company offering product development, research, marketing and distribution of branded footwear, footbeds and educational workshops. Vionic was formed in 1979 and is based in San Rafael, California.

Buy $360M

Seller(S) 1

SELLER

Brentwood Associates

Los Angeles, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1972
PE ASSETS 2.4B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Brentwood Associates is a private equity firm focused on long-term investments in middle-market growth companies. Brentwood typically targets investments in consumer-related businesses. Specific areas of interest include action sports/outdoor lifestyle products, business services, consumer products/services, direct marketing, distribution, education, health/wellness, marketing services, specialty media, specialty retail, and sporting goods. Brentwood's preferred equity investment size is $50 to $200 million. Brentwood Associates was formed in 1972 and is based in Los Angeles.

DEAL STATS #
Overall 21 of 30
Sector (Apparel/Textiles) 3 of 3
Type (Add-on Acquisition) 8 of 12
State (Wisconsin) 1 of 1
Country (United States) 19 of 28
Year (2016) 1 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-05 Snooze

Denver, Colorado, United States

Snooze is a unique restaurant concept that aims to re-energize the way you think, feel, and, ultimately, eat breakfast. Along with great food and attentive service, the Company is focused on creating a sustainable restaurant environment and working with local vendors to source fresh, high-quality ingredients. Snooze currently has five locations throughout Colorado and one location in San Diego, California. Snooze was founded in 2006 and is based in Denver, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-20 K-MAC Enterprises

Fayetteville, Arkansas, United States

K-MAC is a YUM! franchisee, operating over 140 Taco Bell and KFC restaurants in Missouri, Oklahoma, and Texas. The company also operates golden corral restaurant franchises in Missouri. K-MAC Enterprises was founded in 1964 and is based in Fayetteville, Arkansas.

Sell -
Mergr

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