M&A Deal Summary

Labelux Group Acquires Bally International AG

On April 22, 2008, Labelux Group acquired retailer Bally International AG from TPG for 600M USD

Acquisition Highlights
  • This is Labelux Group’s 1st transaction in the Retail sector.
  • This is Labelux Group’s 2nd largest (disclosed) transaction.
  • This is Labelux Group’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2008-04-22
Target Bally International AG
Sector Retail
Buyer(s) Labelux Group
Sellers(s) TPG
Deal Type Add-on Acquisition
Deal Value 600M USD

Target

Bally International AG

Switzerland
Bally International AG is a luxury retailer focused on selling its premium-priced shoes. Its other products include accessories (briefcases, handbags, neckwear and scarves) and apparel. Bally sells its products at company-owned stores worldwide.

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Buyer(S) 1

Buyer

Labelux Group

Caslano, Switzerland

Category Company
Sector Distribution
DESCRIPTION

LABELUX Group GmbH distributes luxury goods. It offers ready-to-wear, women's shoes, handbags, small leather goods, scarves, sunglasses, eyewear, belts, fragrance, men's shoes, women's accessories, and outerwear.


DEAL STATS #
Overall 1 of 2
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Switzerland M&A 1 of 1
Year: 2008 M&A 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-01 Jimmy Choo

London, United Kingdom

Jimmy Choo is a branded designer, wholesaler and retailer of women’s shoes remain the core of the product offering, alongside handbags, small leather goods, scarves, sunglasses, eyewear, belts, fragrance and men’s shoes. Jimmy Choo was founded in 1996 and is based in London, United Kingdom.

Buy $811M

Seller(S) 1

SELLER

TPG

Fort Worth, Texas, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1992
PE ASSETS 296.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.


DEAL STATS #
Overall 53 of 277
Sector: Retail M&A 2 of 13
Type: Add-on Acquisition M&A Deals 22 of 96
Country: Switzerland M&A 3 of 3
Year: 2008 M&A 4 of 9
Size (of disclosed) 47 of 73
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-07 Mr. Cooper Group

Coppell, Texas, United States

Mr. Cooper Group is a provider of quality servicing, origination, and transaction-based services related principally to single-family residences throughout the United States with operations under its primary brands: Mr. Cooper® and Xome®. Mr. Cooper Group was founded in 2015 and is based in Coppell, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-01 EverBank

Jacksonville, Florida, United States

EverBank provides full-service, nationwide banking and lending services to consumer, commercial and institutional clients through a variety of channels, including online, its Florida-based financial centers and at other business offices throughout the country. EverBank is based in Jacksonville, Florida.

Buy -