Fashion Investments and M&A

Date: Announced 10 July 2018
Buyer: /Investor: Calares
Target: Blowfish Malibu
Business: Women’s footwear
Value: Undisclosed
Details: Calares, a portfolio of global footwear brands, has acquired a controlling interest in women’s footwear brand, Blowfish Malibu, which at the time of the acquisition had a trailing 12-month revenue of approximately $27 million.

Date: December 2016
Buyer: Calares Inc
Target: Allen Edmonds Shoe Corp
Business: Footwear brand
Value: $255m
Details: Exit for private equity firm Brentwood Associates.