Investment Summary

Myer Invests In Sass & Bide Pty.

On September 12, 2013, Myer invested in internet software and services company Sass & Bide Pty.

Investment Highlights
  • This is Myer’s 2nd transaction in the Internet Software and Services sector.
  • This is Myer’s 2nd transaction in Australia.

Investment Summary

Date 2013-09-12
Target Sass & Bide Pty.
Sector Internet Software and Services
Investor(s) Myer
Deal Type Stake Purchase

Target

Sass & Bide Pty.

Alexandria, Australia
Sass & Bide Pty. Ltd. is a provider of full range of women’s Ready-to-Wear, denim, leather, intimates, swimwear, accoutrement & exclusive gallery pieces. Currently stocked in over 20 countries, the range is available at premium boutiques, exclusive department stores worldwide and now shipping online to NZ, UK & USA.

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Investor(S) 1

Investor

Myer

Docklands, Australia

Category Company
Founded 1900
Sector Internet Software and Services
Employees13,000
Revenue 2.7B AUD (2023)
DESCRIPTION

Myer is a provider in retailing with approximately 60 stores nationally. It is continually transforming to better serve customers and their changing needs. Its commitment to always having the biggest choice of products for customers has led to new and innovative ways of displaying products within stores. Myer was founded in 1900 and is based in Docklands, Australia.


DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 2 of 2
Type (Stake Purchase) 2 of 2
Country (Australia) 2 of 2
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-07 Sass & Bide Pty.

Alexandria, Australia

Sass & Bide Pty. Ltd. is a provider of full range of women’s Ready-to-Wear, denim, leather, intimates, swimwear, accoutrement & exclusive gallery pieces. Currently stocked in over 20 countries, the range is available at premium boutiques, exclusive department stores worldwide and now shipping online to NZ, UK & USA.

Buy AU$42M