M&A Deal Summary

Designer Brands Acquires Topo Athletic

On December 19, 2022, Designer Brands acquired consumer products company Topo Athletic

Acquisition Highlights
  • This is Designer Brands’ 1st transaction in the Consumer Products sector.
  • This is Designer Brands’ 3rd transaction in the United States.
  • This is Designer Brands’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2022-12-19
Target Topo Athletic
Sector Consumer Products
Buyer(s) Designer Brands
Deal Type Add-on Acquisition
Advisor(s) Consensus Advisors (Financial)
Goodwin Procter (Legal)

Target

Topo Athletic

Framingham, Massachusetts, United States
Topo Athletic is a footwear brand that products encourage instinctive and natural movement to help deliver a better running and fitness experience. Topo Athletic was formed in 2012 and is based in Framingham, Massachusetts.

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

Designer Brands

Columbus, Ohio, United States
Category Company
Founded 1991
Sector Apparel/Textiles
Revenue 3.1B USD (2024)
DESCRIPTION

Designer Brands is a provider of branded footwear and accessories retailer that offers a wide selection of brand name and designer dress, casual and athletic footwear and accessories for women, men and kids. Designer Brands was incorporated in 1991 and is headquartered in Columbus, Ohio.

DEAL STATS #
Overall 4 of 5
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Massachusetts) 1 of 1
Country (United States) 3 of 4
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-10 Camuto Group

Greenwich, Connecticut, United States

Camuto Group, Inc. is a family-owned footwear and lifestyle brand company providing products including footwear, fragrance, apparel, handbags and accessories. Camuto Group was formed in 2001 and is based in Greenwich, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-08 Keds

Rockford, Michigan, United States

Keds is a manufacturer of Keds canvas sneakers & leather shoes in a variety of styles, patterns & colors. Keds is based in Rockford, Michigan.

Buy -
Mergr

Product

Company

Legal