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New Deal


Announced

Completed

Aritzia completed the acquisition of Reigning Champ for c.$63m.

Financials

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Transaction Value£44m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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athletic wear

Apparel Retailers

Acquisition

Friendly

Single Bidder

Private

Domestic

Majority

Canada

Completed

Synopsis

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Aritzia, a Canada-based design house and fashion retailer of exclusive brands, completed the acquisition of Reigning Champ, a designer and manufacturer of premium athletic wear, for c.$63m. "Building on Aritzia's strong start to fiscal 2022, this acquisition meaningfully accelerates our product expansion into men's while bringing incremental growth to our already surging women's e-commerce and US businesses. Capitalizing on our world-class operational expertise and infrastructure, men's, merchandised independently, will become a meaningful part of Aritzia's platform through our Reigning Champ acquisition," Brian Hill, Aritzia Founder, CEO and Chairman.

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