Collective Brands, the owner of zombie brands Airwalk, Vision Streetwear, and (sadly) Sims, has been purchased for $2 billion by a “consortium comprised of Wolverine Worldwide, Blum Capital Partners and Golden Gate Capital” according to a story on Sports One Source. Upon closing, Wolverine Worldwide will acquire Collective Brands’ Performance + Lifestyle Group (PLG), which [...]
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Wolverine Worldwide, an apparel maker, and two private equity firms have agreed to acquire Collective Brands -- the footwear company behind Keds and Payless ShoeSource -- for about $1.3 billion, plus debt. Read Post
Golden Gate Capital, the West Coast private equity firm, has closed its latest fund at $3.5 billion, according to people briefed on the matter. Read Post
Collective Brands, the owner of zombie brands Airwalk, Vision Streetwear, and (sadly) Sims is reportedly up for sale, according to a story in the Wall Street Journal. The team, private-equity firm Golden Gate Capital and bootmaker W... Read Post