M&A Deal Summary |
|
|---|---|
| Date | 2015-02-24 |
| Target | Knights Apparel |
| Sector | Apparel/Textiles |
| Buyer(s) | Hanes |
| Sellers(s) | Merit Capital Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 200M USD |
| Advisor(s) | Guggenheim Securities (Financial) Vedder Price P.C. (Legal) |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1901 |
| Sector | Apparel/Textiles |
| Employees | 50,000 |
| Revenue | 5.6B USD (2023) |
Hanes is a consumer goods company with a portfolio of apparel brands, including Hanes, Champion, C9 by Champion, Bali, Playtex, Just My Size, L’eggs, barely there, Wonderbra, Gear for Sports, Zorba, Sol y Oro and Rinbros. Hanes was founded in 1901 and is based in Winston-Salem, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 9 |
| Sector (Apparel/Textiles) | 5 of 7 |
| Type (Add-on Acquisition) | 5 of 9 |
| State (South Carolina) | 1 of 1 |
| Country (United States) | 3 of 4 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 5 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-25 |
DBApparel SA
Rueil-Malmaison, France DBApparel designs, manufactures and markets branded ladies and men's intimate apparel with such well-known names as DIM, Playtex*, Wonderbra*, Lovable, Abanderado, Princesa, Unno, Nur Die, Chantal Thomass, Bellinda, and Shock Absorber. With key market positions in France, Germany, Italy, Spain, the United Kingdom, and throughout Eastern Europe, products are sold through traditional trade channels (department stores, retailers, wholesalers, and mail order) as well as specialized chain stores and mass market retailers. |
Buy | $550M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-07 |
Champion Europe
Carpi, Italy Champion Europe S.p.A designs, sources and sells champion athletic apparel wholesale to retailers and directly to consumers via company-owned retail stores. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 2.2B USD |
| Size | Large |
| Type | Sector Agnostic |
Merit Capital Partners is a private investment firm that targets investments in middle market manufacturing, distribution, and service based businesses. Merit looks for companies generating at least $25 million in sales and at least $4 million in EBITDA. Merit can provide both equity and junior capital financing and looks to commit at least $15 million per transaction. Prospective transaction situations include management buyouts, recapitalizations, growth financings, divestitures, unsponsored transactions, and ESOPs. Merit Capital will not invest in start-ups, turnarounds, real estate, specialty retail, or oil/gas opportunities. Merit Capital was originally known as William Blair Mezzanine Capital and became independent in 2004. Merit was formed in 1993 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 30 of 52 |
| Sector (Apparel/Textiles) | 1 of 1 |
| Type (Add-on Acquisition) | 14 of 27 |
| State (South Carolina) | 1 of 1 |
| Country (United States) | 30 of 51 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 5 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-01-01 |
Advantage Sintered Metals
Battle Creek, Michigan, United States Advantage Sintered Metals is a manufacturer of structural powder metal components used in numerous end applications and sold primarily to original equipment manufacturers in the outdoor power, medical, office equipment and heavy vehicle industries. Advantage Sintered Metals is based in Battle Creek, Michigan. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-04-03 |
Medway Air Ambulance
Lawrenceville, Georgia, United States Medway Air Ambulance is a provider of fixed-wing medical air ambulance services. The Company is the provider of choice for insurance companies, hospitals and governments worldwide. Medway Air Ambulance was founded in 1987 and is based in Lawrenceville, Georgia. |
Buy | - |
