M&A Deal Summary

Iconix Brand Group Acquires Salt Life

On September 17, 2024, Iconix Brand Group acquired apparel/textiles company Salt Life

Acquisition Highlights
  • This is Iconix Brand Group’s 6th transaction in the Apparel/Textiles sector.
  • This is Iconix Brand Group’s 6th transaction in the United States.
  • This is Iconix Brand Group’s 1st transaction in Georgia.

M&A Deal Summary

Date 2024-09-17
Target Salt Life
Sector Apparel/Textiles
Buyer(s) Iconix Brand Group
Deal Type Add-on Acquisition

Target

Salt Life

Columbus, Georgia, United States
Salt Life is a lifestyle brand that caters to ocean enthusiasts, surfers, divers, and coastal adventurers. Salt Life was founded in 2003 and is based in Columbus, Georgia.

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Buyer(S) 1

Buyer

Iconix Brand Group

New York City, New York, United States

Category Company
Founded 1978
Sector Apparel/Textiles
Revenue 109M USD (2020)
DESCRIPTION

Iconix Brand Group is a brand management company and owner of a diversified portfolio of global consumer brands across women’s, men’s, entertainment, and home. The Company’s business strategy is to maximize the value of its brands primarily through strategic licenses and joint venture partnerships around the world, as well as to grow the portfolio of brands through strategic acquisitions. Iconix Brand Group was founded in 1978 and is based in New York City, New York.


DEAL STATS #
Overall 8 of 8
Sector: Apparel/Textiles M&A 6 of 6
Type: Add-on Acquisition M&A Deals 6 of 6
State: Georgia M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-10 Peanuts Worldwide

New York, New York, United States

Peanuts Worldwide LLC is one of the world’s greatest entertainment brands, with a tremendous global legacy of comics, animated content and consumer products reaching. Peanuts brand has a strong, diversified global licensing program in approximately 100 territories with approximately 1,120 licensees, including Hallmark, Universal Studios, Warner Bros. and Cedar Fair. Animated Peanuts classics continue to be #1 ranked prime time TV specials and have been viewed in 196 countries, while 45 million comics are still read daily. The company was founded in 2010 and is based in New York, New York.

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