M&A Deal Summary

L2 Brands Acquires Locale Outdoor

On January 3, 2023, L2 Brands acquired apparel/textiles company Locale Outdoor from S&S Activewear

Acquisition Highlights
  • This is L2 Brands’ 3rd transaction in the Apparel/Textiles sector.
  • This is L2 Brands’ 3rd transaction in the United States.
  • This is L2 Brands’ 1st transaction in Colorado.

M&A Deal Summary
Date 2023-01-03
Target Locale Outdoor
Sector Apparel/Textiles
Buyer(s) L2 Brands
Sellers(s) S&S Activewear
Deal Type Divestiture

Target

Locale Outdoor

Englewood, Colorado, United States
Locale Outdoor is a sportswear and headwear designer and distributor of customized casual apparel and headwear to an ever-growing list of customers in the resort, collegiate, golf, and specialty retail markets. Locale Outdoor is based in Englewood, Colorado.

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Buyer(S) 1

Buyer

L2 Brands

Hanover, Pennsylvania, United States
Category Company
Founded 1991
Sector Apparel/Textiles
DESCRIPTION

L2 Brands is a manufacturer and supplier of branded collegiate-licensed apparel. L2 Brands provides a full apparel offering including high-quality t-shirts, fleece, and bottoms, as well as adjacent product categories such as spirit blankets and pillows. L2 Brands was founded in 1991 and is based in Hanover, Pennsylvania.

DEAL STATS #
Overall 3 of 3
Sector (Apparel/Textiles) 3 of 3
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 3 of 3
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-02 League Collegiate Wear

Bridgeport, Pennsylvania, United States

League Collegiate Wear, Inc. is a manufacturer and supplier of branded collegiate-licensed apparel to the college market. League Collegiate provides a full apparel offering including high-quality t-shirts, fleece, and bottoms, as well as adjacent product categories such as spirit blankets and pillows.

Buy -

Seller(S) 1

SELLER

S&S Activewear

Bolingbrook, Illinois, United States
Category Company
Founded 1988
Sector Distribution
DESCRIPTION

S&S Activewear is a wholesale supplier to the imprinted sportswear industry. S&S Activewear was founded in 1988 and is based in Bolingbrook, Illinois.

DEAL STATS #
Overall 1 of 1
Sector (Apparel/Textiles) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-23 TSC Apparel

Blue Ash, Ohio, United States

TSC Apparel is a national B2B distributor of imprintable apparel products and accessories. TSC stocks and sources thousands of styles of casual shirts, fleeces, headwear, sport shirts, outerwear, and accessories from six warehouses nationwide and three warehouses in China. TSC Apparel was founded in 2000 and is based in Blue Ash, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-06 alphabroder

Trevose, Pennsylvania, United States

alphabroder is a distributor of trade, private label, and retail apparel brands and merchandise to the promotional products marketplace. The Company supplies imprintable apparel and accessories to screen printers, embroiderers, promotional products distributors, athletic dealers, and other businesses. alphabroder is based in Trevose, Pennsylvania.

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