M&A Deal Summary

Phoenix Footwear Acquires Royal Robbins

On October 1, 2003, Phoenix Footwear acquired apparel/textiles company Royal Robbins for 7M USD

Acquisition Highlights
  • This is Phoenix Footwear’s 1st transaction in the Apparel/Textiles sector.
  • This is Phoenix Footwear’s largest (disclosed) transaction.
  • This is Phoenix Footwear’s 1st transaction in the United States.
  • This is Phoenix Footwear’s 1st transaction in California.
Investment Fate
  • Royal Robbins was divested to a consortium of strategic buyers in 2007.
  • Royal Robbins was divested to a consortium of buyers in 2012.
  • Royal Robbins was sold to a strategic buyer in 2018.

M&A Deal Summary

Date 2003-10-01
Target Royal Robbins
Sector Apparel/Textiles
Buyer(s) Phoenix Footwear
Deal Type Add-on Acquisition
Deal Value 7M USD

Target

Royal Robbins

Modesto, California, United States
Royal Robbins is a designer, manufacturer, marketer and retailer of outdoor and travel apparel. The company’s primary products include short and long sleeve shirts, hiking pants and shorts, sweaters, fleece, jackets, and accessories.

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Buyer(S) 1

Buyer

Phoenix Footwear

Carlsbad, California, United States

Category Company
Founded 1882
Sector Apparel/Textiles
Revenue 19M USD (2023)
DESCRIPTION

Phoenix Footwear specializes in quality comfort women’s footwear with a design focus on fitting features. Phoenix Footwear designs, develops, markets and sells footwear in a wide range of sizes and widths under the brands Trotters® and SoftWalk®. These brands are primarily sold through department stores, leading specialty and independent retail stores, mail order catalogues and internet retailers and are carried by approximately 650 customers in over 900 retail locations throughout the U.S. Phoenix Footwear has been engaged in the manufacture or importation and sale of quality footwear. Phoenix Footwear was founded in 1882 and is based in Carlsbad, California.


DEAL STATS #
Overall 1 of 1
Sector (Apparel/Textiles) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2003) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-02 Royal Robbins

Modesto, California, United States

Royal Robbins is a designer, manufacturer, marketer and retailer of outdoor and travel apparel. The company’s primary products include short and long sleeve shirts, hiking pants and shorts, sweaters, fleece, jackets, and accessories.

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