Deal Details
Sale to SNIPES SE
Summary
Baird served as exclusive financial advisor to Mr. Alan’s Men’s Bootery, Inc. on this transaction
About
Mr. Alan’s Men’s Bootery, Inc. (“Mr. Alan’s” or the “Company”) was recently acquired by SNIPES SE (“SNIPES”). Terms of the transaction will not be disclosed.Founded in 1974, Mr. Alan’s is a lifestyle specialty retailer of urban-inspired footwear, apparel and accessories. The Company carries a curated merchandise selection of the most sought-after urban brands, including Nike, Jordan, adidas, Timberland and New Era, among others. Operating under the Mr. Alan’s, Soles and Pogo retail banners, the Company has established a growing footprint of 31 stores across the metropolitan areas of Detroit and Chicago as well as select Florida markets. Mr. Alan’s is headquartered in Detroit, Michigan.
The opening of the first SNIPES store in 1998 laid the foundation for a movement that now connects young people around the world. Inspired by hip-hop, streetball, dance, and action sports, SNIPES always delivers the latest streetwear and sneaker looks from brands such as adidas, Jordan, Karl Kani, Lacoste, Nike, Puma and Vans online and in over 300 stores in Europe and the United States SNIPES also successfully releases its own collections as well as collaborations with other streetwear brands several times a year, actively supports talented athletes and creative artists, and is committed to the street culture community worldwide. SNIPES operates as a subsidiary of Deichmann SE and is headquartered in Cologne, Germany.
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- Date
- July 2019
- Company
- Mr. Alan’s Men’s Bootery, Inc.
- Transaction
- M&A
- Sectors
- Consumer
- Target Geography
- North America
- Acquiror Geography
- Europe
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