M&A Deal Summary

Careismatic Brands Acquires Bala

On June 5, 2023, Careismatic Brands acquired apparel/textiles company Bala

Acquisition Highlights
  • This is Careismatic Brands’ 1st transaction in the Apparel/Textiles sector.
  • This is Careismatic Brands’ 1st transaction in the United States.
  • This is Careismatic Brands’ 1st transaction in Oregon.

M&A Deal Summary

Date 2023-06-05
Target Bala
Sector Apparel/Textiles
Buyer(s) Careismatic Brands
Deal Type Add-on Acquisition

Target

Bala

Portland, Oregon, United States
Bala is a nursing footwear company that provides dynamic, high-performance shoes that enable healthcare workers to focus on patient care without any discomfort or distraction. Bala is based in Portland, Oregon.

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Buyer(S) 1

Buyer

Careismatic Brands

Chatsworth, California, United States

Category Company
Founded 1995
Sector Apparel/Textiles
DESCRIPTION

Careismatic Brands is a designer, marketer, and distributor of high-quality uniforms, footwear and accessories to retailers. The company manufactures products through multiple brands. Careismatic Brands was founded in 1995 and is based in Chatsworth, California.


DEAL STATS #
Overall 1 of 1
Sector (Apparel/Textiles) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1