With Berkshire Partners and New Balance recently completing their acquisition of The Rockport Company from adidas, we decided to take a look at recent activity in the apparel & accessories industry. In 2014, North American and European PE investors completed approximately 114 deals globally in the space, according to PitchBook data, representing a 20% jump since 2010. While clothing companies have been responsible for the bulk share of these transactions, footwear deals saw their biggest jump in over five years, accounting for 16% of all PE investment in the industry compared to just around 5% in 2010. Interestingly, apparel & accessories deals in the U.S. outnumbered those in Europe last year for the first time in a decade.
Top North American and European PE investors in the apparel & accessories industry since 2010 (incl. add-ons):