M&A Deal Summary

StreetTrend Acquires P448

On October 1, 2020, StreetTrend acquired apparel/textiles company P448 from NoThanks

Acquisition Highlights
  • This is StreetTrend’s 1st transaction in the Apparel/Textiles sector.
  • This is StreetTrend’s 1st transaction in Italy.

M&A Deal Summary

Date 2020-10-01
Target P448
Sector Apparel/Textiles
Buyer(s) StreetTrend
Sellers(s) NoThanks
Deal Type Divestiture

Target

P448

Forli, Italy
P448 is a footwear brand rooted in the belief that eclecticism, design innovation and experimentation lie at the heart of self-expression. P448 is based in Forli, Italy.

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Buyer(S) 1

Buyer

StreetTrend

New York City, New York, United States

Category Company
Founded 2017
Sector Apparel/Textiles
DESCRIPTION

StreetTrend is a fashion footwear and street wear brand company. The company is currently designing, distributing and selling several footwear brands including P448 luxury sneakers. StreetTrend was founded in 2017 and is based in New York City, New York.


DEAL STATS #
Overall 1 of 1
Sector: Apparel/Textiles M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

NoThanks

Forli, Italy

Category Company
Sector Apparel/Textiles
DESCRIPTION

NoThanks is a footwear brand, specifically a holding company that owns the luxury sneaker brand P448. NoThanks is based in Forli, Italy.


DEAL STATS #
Overall 1 of 1
Sector: Apparel/Textiles M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2020 M&A 1 of 1