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Gladstone Place Partners represents Skechers as the slip-on footwear/apparel marketer agrees to be acquired by the investment firm 3G Capital for $9.4B.
Robert Greenberg, Skechers CEO, said he partnered with 3G “given their remarkable history of facilitating the success of some of the most iconic global consumer businesses.”
3G teamed with Berkshire-Hathaway in 2025 to acquire Kraft Foods for $40B in 2015, and then merged it with Heinz.
Its investment portfolio includes AB InBev (Anheuser-Busch), Restaurants Brands International (Burger King, Popeyes, Tim Hortons, Firehouse Subs) and Hunter Douglas (window treatments).
“Skechers is an iconic, founder-led brand with a track record of creativity and innovation” and we look forward to supporting its next chapter, said 3G co-founder Alex Behring, and co-managing partner Daniel Schwarz.
Gladstone Place Partners has Steve Lipin and Felipe Ucrós handling Skechers, which earned $202M on $2.4B revenues during Q1.
The Manhattan Beach (CA)-based company bills itself as the world’s No. 3 footwear company.
Dollar Tree has named Daniel Delrosario senior VP-investor relations & treasurer.
C Street Advisory Group and Publicis' Groupe's Kekst CNC unit work the Chapter 11 filing of Saks Global Holdings as the luxury retailer evaluates its "operational footprint."
Nashville’s Wortman Works is handling Old Glory Bank, which bills itself as the online bank for freedom-loving Americans, as it goes public via a $250M SPAC deal with Digital Asset Acquisition Corp.
FGS Global and Collected Strategies handle $1.5B merger of discount airlines Allegiant and Sun Country Airlines. (Updated)
Dan Scorpio, H/Advisors Abernathy’s managing director and head of the M&A and activism practice, has joined FTI Consulting’s Chicago office.
