M&A Deal Summary

LK Group Acquires National Basketball League

On May 29, 2015, family office LK Group acquired business services company National Basketball League

Acquisition Highlights
  • This is LK Group’s 1st transaction in the Business Services sector.
  • This is LK Group’s 1st transaction in Australia.

M&A Deal Summary

Date 2015-05-29
Target National Basketball League
Sector Business Services
Buyer(s) LK Group
Deal Type Buyout (LBO, MBO, MBI)

Target

National Basketball League

Melbourne, Australia
National Basketball League is the premier basketball competition in the southern hemisphere, currently contested by eight teams with seven in Australia and one based in New Zealand. National Basketball League is based in Melbourne, Australia.

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Buyer(S) 1

Buyer
DESCRIPTION

LK Group is a family backed investment group focused on opportunities across Australia, the US, and Central Asia. The Firm was formed in 2009 and is headquartered in Melbourne.


DEAL STATS #
Overall 1 of 2
Sector: Business Services M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 1
Country: Australia M&A 1 of 2
Year: 2015 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-02 Brand Collective

Alexandria, Australia

Brand Collective is an operator of footwear and apparel house of brands in Australia, with a portfolio of iconic owned and licensed brands. Brand Collective owns a number of iconic Australian brands including Volley, Grosby, and Julius Marlow, and has exclusive licenses for leading international brands including Superdry, Clarks, Hush Puppies, and Mossimo. The business sells through a combination of department stores and discount department store chains, as well as around 50 branded retail sites and several company-owned websites. Brand Collective also owns the Shoe Warehouse chain of discount footwear stores. Brand Collective is based in Alexandria, Australia.

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