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New Deal


Announced

Blue Point Capital-backed Next Level Apparel to acquire Stedman.

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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Friendly

Single Bidder

Cross Border

Majority

Acquisition

Clothing and Accessories

sportswear

Pending

apparel manufacturer

Private Equity

Germany

Private

Synopsis

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Blue Point Capital-backed Next Level Apparel, a designer and supplier of quality, casual apparel, agreed to acquire Stedman, a designer, manufacturer and supplier of premium casual and sportswear blank apparel for the printwear industry. Financial terms were not disclosed. “The team at Stedman is excited to join ranks with Next Level Apparel, a strong partner and the perfect match, thanks to numerous synergistic qualities and values across both companies. This partnership opens up new growth opportunities for everyone involved, and I am personally thrilled to be part of it, not only as a stakeholder but also as a shareholder," Marcel Schweigert, Stedman General Manager.

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