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Announced

Completed

L2 Brands completed the acquisition of Ouray Sportswear and Locale Outdoor from S&S.

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

Majority

Domestic

Completed

apparel

Friendly

Single Bidder

United States

Apparel Retailers

Private

Synopsis

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L2 Brands, the parent company of the League apparel and Legacy headwear brands, completed the acquisition of Ouray Sportswear and Locale Outdoor, two suppliers for quality apparel and headwear to the destination, collegiate, golf and corporate channels, from S&S, a distributor of apparel and accessories. "We are thrilled to welcome the Ouray and Locale team to the L2 family. Both are a tremendous addition and highly complementary fit for L2's portfolio with significant potential for continued growth. We look forward to working with their team as we focus on bringing Ouray's and Locale's products to new customers and markets," Paige Wingert, L2 Brands CEO.

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