M&A Deal Summary

Vestis Retail Group Acquires Sport Chalet

On August 19, 2014, Vestis Retail Group acquired retailer Sport Chalet

Acquisition Highlights
  • This is Vestis Retail Group’s 1st transaction in the Retail sector.
  • This is Vestis Retail Group’s 1st transaction in the United States.
  • This is Vestis Retail Group’s 1st transaction in California.

M&A Deal Summary

Date 2014-08-19
Target Sport Chalet
Sector Retail
Buyer(s) Vestis Retail Group
Deal Type Add-on Acquisition
Advisor(s) Cappello Global (Financial)
Sheppard Mullin Richter & Hampton (Legal)

Target

Sport Chalet

La Ca, California, United States
Sport Chalet, Inc. operates as a specialty sporting goods retailer in the United States. It offers traditional sporting goods merchandise, including footwear, apparel, and other general athletic merchandise, as well as specialty merchandise for activities, such as snowboarding, skateboarding, mountaineering, and Scuba.

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Buyer(S) 1

Buyer

Vestis Retail Group

Meriden, Connecticut, United States

Category Company
Founded 2013
Sector Retail
Employees3,200
Revenue 500M USD (2013)
DESCRIPTION

Vestis Retail Group is a retail platform and operates two retailers Bob’s Stores (Bob’s) and Eastern Mountain Sports (EMS). Vestis Retail Group was founded in 2013 and is based in Meriden, Connecticut.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1