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New Deal


Announced

Style Capital to acquire a 50.2% stake in Autry from Quadrivio & Pambianco for €300m.

Financials

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Transaction Value£255m
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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sneakers

Footwear

Pending

Friendly

Cross Border

Majority

Private

Private Equity

United States

Acquisition

Single Bidder

Synopsis

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Style Capital, a Milan-based private equity fund, agreed to acquire a 50.2% stake in Autry, a classic American brand of sneakers and shoes, from Quadrivio & Pambianco, an Italian private equity fund, for €300m. Established in Dallas in 1982, initially focusing on running, tennis, and basketball shoes, the brand experienced success before fading into obscurity. Refunded in 2019 by Italian entrepreneurs Marco Doro, Alberto Raengo, and Gino Zarelli, it has since experienced a resurgence with offerings for women, men, and children.

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