M&A Deal Summary

The Stride Rite Acquires Robeez Footwear

On September 6, 2006, The Stride Rite acquired apparel/textiles company Robeez Footwear for 31M CAD

Acquisition Highlights
  • This is The Stride Rite’s 1st transaction in the Apparel/Textiles sector.
  • This is The Stride Rite’s 0th largest (disclosed) transaction.
  • This is The Stride Rite’s 1st transaction in Canada.
  • This is The Stride Rite’s 1st transaction in British Columbia.
Investment Fate
  • Robeez Footwear was divested to a consortium of strategic buyers in 2017.

M&A Deal Summary

Date 2006-09-06
Target Robeez Footwear
Sector Apparel/Textiles
Buyer(s) The Stride Rite
Deal Type Add-on Acquisition
Deal Value 31M CAD
Advisor(s) Capital West Partners (Financial)

Target

Robeez Footwear

Burnaby, British Columbia, Canada
Robeez Footwear Ltd. is a provider of mom’s home-based business to the world’s major manufacturer and marketer of soft-soled footwear for newborns to four-year olds.

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Buyer(S) 1

Buyer

The Stride Rite

Lexington, Massachusetts, United States

Category Company
Founded 1919
Sector Apparel/Textiles
Employees3,100
DESCRIPTION

The Stride Rite Corporation markets the major brand of high quality children’s shoes in the United States. Other footwear products for children and adults are marketed by the Company under well-known brand names, including Keds, Sperry Top-Sider, Tommy Hilfiger Footwear, Saucony, Grasshoppers, Robeez, Munchkin, Spot-bilt.


DEAL STATS #
Overall 1 of 1
Sector (Apparel/Textiles) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2006) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-09 Robeez Footwear

Burnaby, British Columbia, Canada

Robeez Footwear Ltd. is a provider of mom’s home-based business to the world’s major manufacturer and marketer of soft-soled footwear for newborns to four-year olds.

Sell -