Sale to Juggernaut Capital Partners

Consumer
Sale to Juggernaut Capital Partners

Summary

Baird served as the exclusive financial advisor to Mitchell & Ness Nostalgia Co.

About

Mitchell & Ness Nostalgia Co. (“Mitchell & Ness” or the “Company”), a division of adidas AG (FWB:ADS), has been acquired by a newly formed entity primarily owned by Juggernaut Capital Partners (“Juggernaut”).

Mitchell & Ness is a global platform in nostalgia, headwear and apparel with longstanding licensing agreements across multiple professional sports leagues including the NBA, NHL, MLB and NFL. The Company operates an omni-channel distribution network focused on premier wholesale partners, e-commerce and company-owned retail that promotes brand awareness and creates presence at consumers’ shopping venue of choice. Mitchell & Ness is headquartered in Philadelphia, Pennsylvania.

Juggernaut is a leading private equity firm focusing on middle market companies primarily in the consumer and business services sectors. With $650 million in committed capital, Juggernaut provides capital for growth, recapitalizations, acquisitions, and buyouts. Juggernaut is headquartered in Washington, DC.

For additional information about this transaction, please contact:

Andrew Martin +1 (704) 553-6615
Joe Pellegrini +1 (704) 553-6612
Katie Melzer +1 (415) 627-3272
Scott Collins +1 (813) 273-8261
Terry Huffine +44 (207) 667-8430
Consumer
Sale to Juggernaut Capital Partners
Date
June 2016
Company
Mitchell & Ness Nostalgia Co.
Transaction
M&A
Sectors
Consumer
Target Location
North America

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