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New Deal


Announced

Completed

BVP, Invision Capital, BPEA and Pinnacle completed the acquisition of Original Footwear.

Financials

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

Tags

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Acquisition

Friendly

Private

Private Equity

United States

military footwear

Majority

Single Bidder

Completed

Footwear

Domestic

Synopsis

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Brand Velocity Partners, Invision Capital and BPEA, private equity firms focused on acquiring lower-middle market consumer businesses, and Pinnacle Financial Partners, a regional bank, completed the acquisition of Original Footwear, a provider of military and law enforcement footwear. Financial terms were not disclosed. “There is a yawning gap in the marketplace for a PE firm to do more than financial engineering – great consumer companies are not built through spreadsheets, but rather through excellent products and superior marketing. My partners and I bring together the perfect blend of capital, investment acumen, and brand marketing expertise. We will be bringing the full weight of our capabilities to the fore with Original Footwear as well as other acquisitions that fit into our firm’s profile,” Steve Lebowitz, BVP Managing Partner.

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