 |
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.
Longacre Square Partners represents Ancora Holdings as it urges the board of Big Yellow Group to conduct a strategic review of the UK’s No. 1 self-storage company.
Kekst CNC handles Getty Images as it begins a prepackaged Chapter 11 reorganization and receives a commitment from Koch Equity Development and the Getty family to invest $533M in the visual content company.
As capital concentrates among established firms, emerging managers must find new ways to earn investor confidence.
Teneo handles True Food Kitchen as the Scottsdale, AZ-based wellness food restaurant chain that counts Oprah Winfrey as a minority investor files for Chapter 11.
FGS Global and Teneo represent Canada’s billionaire Weston family as its Wittington Investments holding company acquires Boots Group, the 177-year-old UK health & beauty retailer, from Sycamore Partners for $8.9B.
