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New Deal


Announced

Completed

Authentic Brands Group completed the acquisition of Rockport.

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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United States

shoe brand

Footwear

Acquisition

Domestic

Majority

Private

Friendly

Single Bidder

Completed

Synopsis

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Authentic Brands Group, a global brand development, marketing and entertainment platform, completed the acquisition of Rockport, a renowned footwear brand. Financial terms were not disclosed. "Rockport’s core consumer is more active than ever. The brand’s offering is a perfect addition to our portfolio with opportunities for category expansion into apparel, accessories, outerwear, travel and more.” Salter added, “There is a significant addressable market, presenting opportunities for the brand to evolve into a full lifestyle offering with a focus on innovation and comfort,” Jamie Salter, Authentic Founder, Chairman and CEO.

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