Shoe Carnival Acquires Rogan's Shoes for $45M

Shoe Carnival Acquires Shoe Station

December 3, 2021

Retail

Shoe Carnival, Inc. acquired substantially all of the assets of family‑owned Shoe Station, Inc. for $67 million in a cash‑funded transaction. The deal adds 21 Southeastern retail locations and e‑commerce capabilities, is expected to be immediately accretive to diluted EPS in fiscal 2022, and contributes approximately $100 million in incremental net sales.

Arklyz Group / The Athlete's Foot Acquires Shoe City and ycmc.com

May 25, 2022

Retail

Arklyz Group, owner of The Athlete's Foot, has acquired Shoe City, a Baltimore-based sneaker and streetwear retail chain, together with its online platform ycmc.com. The acquisition adds approximately 40 retail locations in the DC-Maryland-Virginia (DMV) region and aims to accelerate omnichannel growth by integrating Shoe City into The Athlete's Foot organization.

Fleet Feet Acquires JackRabbit

November 5, 2021

Retail

Fleet Feet has acquired JackRabbit, bringing all JackRabbit retail locations across 15 states and the jackrabbit.com e-commerce business into the Fleet Feet network. The deal, completed in early December 2021 from affiliates of CriticalPoint Capital, expands Fleet Feet's national footprint to roughly 250 locally owned and operated running stores and strengthens its omnichannel capabilities.

Surefoot Acquires FrontRunners and Super Runners Shops

June 27, 2021

Retail

Park City-based ski boot retailer Surefoot, L.C. has acquired Los Angeles-based FrontRunners and New York City-based Super Runners Shops. The deal will relocate the acquired companies' headquarters to Surefoot's Park City offices and integrate Surefoot's custom footwear/orthotic technology into the running-store locations.

Steve Madden Acquires Kurt Geiger from Cinven-Led Group

February 13, 2025

Consumer Products

Steve Madden has entered into a definitive agreement to acquire UK-based fashion footwear and accessories brand Kurt Geiger from a group led by Cinven for an enterprise value of about £289 million in cash. The deal is expected to close in Q2 2025, subject to regulatory clearance and customary closing conditions.

Nolan Capital Acquires Majority Stake in Coastal Farm & Ranch

December 29, 2021

Retail

Nolan Capital acquired a majority stake in Coastal Farm & Ranch, the Pacific Northwest farm-and-home retailer headquartered in Albany, Oregon. Longtime owner Buzz Wheeler retains an ownership stake and the existing management team remains in place as Nolan Capital and participating investors (Del Mar Ventures and Ted Nark) plan to support growth and scale the business across the Western U.S.