Add-on Acquisition • Retail

Zumiez Acquires Fast Times Skateboarding Pty

On September 9, 2016, Zumiez acquired retailer Fast Times Skateboarding Pty for 7M USD

Acquisition Context
  • This is Zumiez’s 1st transaction in the Retail sector.
  • This is Zumiez’s 2nd largest (disclosed) transaction.
  • This is Zumiez’s 1st transaction in Australia.

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M&A Deal Summary

Date September 9, 2016
Target Fast Times Skateboarding Pty
Sector Retail
Buyer(s) Zumiez
Deal Type Add-on Acquisition
Deal Value 7M USD

Target Company

Fast Times Skateboarding Pty

Chadstone, Australia
Fast Times Skateboarding Pty Ltd. is an australian specialty retailer of skateboards, hardware, apparel and footwear and currently operates 5 stores and an e-commerce website.
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Buyer Overview 1

Buyer

Zumiez

Lynnwood, Washington, United States

Category Company
Founded 1978
Sector E-Commerce
Employees2,400
Revenue 889M USD (2025)
DESCRIPTION
Zumiez's corporate headquarters in Lynnwood, Washington.
Zumiez's corporate headquarters in Lynnwood, Washington.

Zumiez is an online retailer of action sports-related apparel, footwear, equipment and accessories. Zumiez caters to young men and women between ages 12-24, focusing on skateboarding, surfing, snowboarding, motocross and BMX. Zumiez wasfounded in 1978 and is based in Lynnwood, Washington.


Deal Context for Buyer #
Overall 2 of 2
Sector: Retail 1 of 1
Type: Add-on Acquisition 2 of 2
Country: Australia 1 of 1
Year: 2016 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-19 Blue Tomato

Schladming, Austria

Blue Tomato is a European action sports retailer based in Austria.

Buy €60M

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