M&A Deal Summary

Columbia Acquires prAna Living

On April 30, 2014, Columbia acquired apparel/textiles company prAna Living from Steelpoint Capital Partners for 190M USD

Acquisition Highlights
  • This is Columbia’s 1st transaction in the Apparel/Textiles sector.
  • This is Columbia’s largest (disclosed) transaction.
  • This is Columbia’s 1st transaction in the United States.
  • This is Columbia’s 1st transaction in California.

M&A Deal Summary
Date 2014-04-30
Target prAna Living
Sector Apparel/Textiles
Buyer(s) Columbia
Sellers(s) Steelpoint Capital Partners
Deal Type Add-on Acquisition
Deal Value 190M USD
Advisor(s) Robert W. Baird & Co., Inc. (Financial)

Target

prAna Living

Carlsbad, California, United States
prAna is an authentic, active lifestyle brand focused on designing and marketing innovative apparel and accessories with “purpose” for a broad audience of men and women.

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Buyer(S) 1

Buyer

Columbia

Portland, Oregon, United States
Category Company
Founded 1938
Sector Apparel/Textiles
Employees10,070
Revenue 3.5B USD (2023)
DESCRIPTION

Columbia is a producer of active outdoor apparel, footwear, accessories and equipment. Columbia products are sold in more than 100 countries and have earned an international reputation for innovation, quality and performance. Columbia was incorporated in 1938 and is based in Portland, Oregon.

DEAL STATS #
Overall 1 of 1
Sector (Apparel/Textiles) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Steelpoint Capital Partners

Investor

Category Private Equity Firm
Founded 2003
Size Small
Type Sector Agnostic
DESCRIPTION

Steelpoint Capital Partners is a private investment firm focused on investing in emerging consumer companies. Steelpoint is an active investor and pursues opportunities where it can provide guidance and expertise. Specific areas of interest include apparel, sporting goods, nutrition, and recreation. Steelpoint Capital Partners was formed in 2003 and is based in Carlsbad, California.

DEAL STATS #
Overall 11 of 17
Sector (Apparel/Textiles) 1 of 2
Type (Add-on Acquisition) 8 of 12
State (California) 7 of 11
Country (United States) 10 of 16
Year (2014) 2 of 3
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-12 Stella Rising

New York, New York, United States

Stella Rising is a media strategy, planning and buying company to emerging and established brands in the fashion, beauty, health, food and beverage industries. Stella Rising was established in 1982 and is based in New York City.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-25 Kidrobot

Boulder, Colorado, United States

Kidrobot is a creator and retailer of limited-edition art toys, such as mini-figures, posters, clothing and action figures.

Sell -
Mergr

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