M&A Deal Summary

Galaxy Universal Acquires Sequential Brands Group - Active Brands

On October 29, 2021, Galaxy Universal acquired apparel/textiles company Sequential Brands Group - Active Brands from Sequential Brands Group for 330M USD

Acquisition Highlights
  • This is Galaxy Universal’s 1st transaction in the Apparel/Textiles sector.
  • This is Galaxy Universal’s largest (disclosed) transaction.
  • This is Galaxy Universal’s 2nd transaction in the United States.
  • This is Galaxy Universal’s 1st transaction in New York.

M&A Deal Summary
Date 2021-10-29
Target Sequential Brands Group - Active Brands
Sector Apparel/Textiles
Buyer(s) Galaxy Universal
Sellers(s) Sequential Brands Group
Deal Type Divestiture
Deal Value 330M USD

Target

Sequential Brands Group - Active Brands

New York, New York, United States
Sequential Brands Active Brands includes And1, Avia, Gaiam, and SPRI brands will create efficiencies to deliver high-quality athletic, work, and outdoor products at the best possible value to its customers.

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Buyer(S) 1

Buyer

Galaxy Universal

Stamford, Connecticut, United States
Category Company
Sector Business Services
DESCRIPTION

Galaxy Universal is a vertically integrated brand owner, brand manager, and sourcing company in the global outdoor and athletic industry. Galaxy Universal is based in Stamford, Connecticut.

DEAL STATS #
Overall 2 of 2
Sector (Apparel/Textiles) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 2 of 2
Year (2021) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-16 Apex Global Brands

Sherman Oaks, California, United States

Apex Global Brands is a specialty retailer of fashion and lifestyle brand stores. Apex Global Brands' portfolio spans multiple consumer product categories and retail tiers around the world & includes Hi-Tec, Magnum, 50 Peaks, Interceptor, Cherokee, Tony Hawk, Point Cove, Carole Little, Everyday California & Sideout. Apex Global Brands was founded in 1988 and is based in Sherman Oaks, California.

Buy -

Seller(S) 1

SELLER

Sequential Brands Group

New York, New York, United States
Category Company
Founded 2015
Sector Apparel/Textiles
Employees42
Revenue 102M USD (2019)
DESCRIPTION

Sequential Brands Group owns, promotes, markets, and licenses a portfolio of consumer brands in fashion, active and lifestyle categories. Sequential Brands Group was founded in 2015 and is based in New York, New York.

DEAL STATS #
Overall 4 of 4
Sector (Apparel/Textiles) 2 of 2
Type (Divestiture) 4 of 4
State (New York) 2 of 2
Country (United States) 4 of 4
Year (2021) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-26 Heelys

Carrollton, Texas, United States

Founded in 2000, Heelys are patented products that feature a removable wheel located in the heel, transforming the shoes into stealth skates and giving users the freedom to seamlessly transition from walking or running to skating by shifting their weight to their heel. The Heelys vision is to inspire kids and adults alike to be active, explore their freedom, unleash the fun, and be fearless.

Sell $11M
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