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New Deal


Announced

Solo Brands to acquire Chubbies.

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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Domestic

Private

United States

Pending

Single Bidder

Acquisition

Majority

apparel

Friendly

Clothing and Accessories

clothing

Synopsis

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Solo Brands, a Direct-to-Consumer platform, agreed to acquire Chubbies, an apparel brand. Financial terms were not disclosed. "We created Solo Brands with a vision for a different approach to direct-to-consumer business – one that's not only better for the customer, but better for the community at-large. Together we'll be able to collectively offer a better customer journey – while doing more for the communities that built us," John Merris, Solo Brands CEO.

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