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New Deal


Announced

Snipes to acquire Michigan-based Mr. Alan’s Men’s Bootery.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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United States

apparel brands

Acquisition

Clothing and Accessories

Private

Pending

Single Bidder

Friendly

Synopsis

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European lifestyle retailer Snipes agreed to acquire Michigan-based Mr. Alan’s Men’s Bootery, a lifestyle specialty retailer of urban-inspired footwear, apparel and accessories. Financial terms were not disclosed. This is the second acquisition for Cologne, Germany-based Snipes, which entered the US market earlier this year with the acquisition of Kicks USA. The company is a subsidiary of Deichmann and operates 300 stores in Europe and the US.

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