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New Deal


Announced

Completed

Caleres completed the acquisition of Vionic from Alpine Investors for $360m.

Financials

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Transaction Value£275m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

Private

footware manufacturing

Friendly

Private Equity

United States

Footwear

footwear distributor

footwear manufacturing

Completed

Majority

Synopsis

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Caleres completed the acquisition of Vionic, manufacturer of footwear and foot care products that assist in restoring the foot’s natural alignment for men and women, from Alpine Investors for $360m. The acquisition of Vionic allows Caleres to continue to expand its Brand Portfolio and gives it additional access to the growing contemporary comfort footwear category. “We have big plans and even bigger dreams and – with support from Caleres – we’ll be able to continue on that journey, as this combination creates great opportunities for our team members and our retail and business partners,” Chris Gallagher, Vionic Co-Founder and CEO.

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