M&A Deal Summary

Founder Sport Group Acquires Garb Athletics

On November 15, 2017, Founder Sport Group acquired apparel/textiles company Garb Athletics

Acquisition Highlights
  • This is Founder Sport Group’s 2nd transaction in the Apparel/Textiles sector.
  • This is Founder Sport Group’s 2nd transaction in the United States.
  • This is Founder Sport Group’s 1st transaction in Utah.

M&A Deal Summary

Date 2017-11-15
Target Garb Athletics
Sector Apparel/Textiles
Buyer(s) Founder Sport Group
Deal Type Add-on Acquisition

Target

Garb Athletics

Spanish Fork, Utah, United States
Garb Athletics is a boutique manufacturer of custom-tailored sports uniforms. Garb is headquartered in Salt Lake City with a 275-employee manufacturing plant in the Philippines, where all of its uniforms are produced.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Founder Sport Group

Statesville, North Carolina, United States

Category Company
Founded 1971
Sector Apparel/Textiles
DESCRIPTION

Founder Sport Group is a provider of team uniforms and performance athletic wear, including performance t-shirts, fleeces, shorts, pants and outerwear, worn by youth and adult athletes, team fans and supporters, and corporate employees, among other individuals. Founder Sport Group was founded in 1971 and is based in Statesville, North Carolina.


DEAL STATS #
Overall 2 of 3
Sector: Apparel/Textiles M&A 2 of 3
Type: Add-on Acquisition M&A Deals 2 of 3
State: Utah M&A 1 of 1
Country: United States M&A 2 of 3
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-03 Alleson Athletic

Rochester, New York, United States

Alleson Athletic is a manufacturer of in-stock uniforms, team apparel and custom sublimated garments. With two plants and three distribution warehouses, the company is able to deliver on its mission of providing top-quality game uniforms and practice wear to anyone who is dedicated to the game, winning and maximizing their potential.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-19 Teamwork Athletic Apparel

San Marcos, California, United States

Teamwork Athletic Apparel is an on-demand apparel manufacturing company serving team uniform dealers and decorators with a variety of stock, sublimated and licensed apparel. Teamwork Athletic Apparel is based in San Marcos, California.

Buy -