Genesco’s Lids Sports Group Sold to FanzzLids Holdings

We represented Genesco, Inc. (NYSE: GCO) in its sale of Lids Sports Group to FanzzLids Holdings in an all-cash transaction for $100 million. As part of the deal with Genesco, sports licensing giant Fanatics Inc. is taking a minority stake in FanzzLids.

FanzzLids Holdings is a holding company controlled and operated by affiliates of investment firm Ames Watson Capital, that operates Fanzz, a specialty retailer of licensed sports apparel.

Genesco Inc. is a publicly owned specialty retailer of branded footwear, licensed branded headwear and licensed sports apparel and accessories and is a wholesaler of branded and licensed footwear.

You Also May Be Interested In:

  • Represented Serco Inc. in its definitive Asset Purchase Agreement to acquire Alion Science & Technology Corporation’s Naval Systems Business Unit, including its Canadian business and a small number of related contract operations, for $225 million. The acquisition, subject to regulatory approvals, is expected to close in the second half of 2019.  Serco Inc., a provider of professional, technology, and management services, will strengthen its presence in naval support with this acquisition, and will become a stronger integrated maritime solutions provider for the U.S Navy and other customers.

    We represented Serco Inc. in its definitive Asset Purchase Agreement to acquire Alion Science & Technology Corporation's Naval Systems Business...
    Client Type: Private Company
  • Represented C-III Capital Partners in its sale of California-based tech company Real Capital Markets (RCM) to LightBox

    We represented C-III Capital Partners, a fully-diversified asset management and commercial real estate services company, in its sale of California-based...
    Client Type: Private Company
  • We represented SERVPRO in its recapitalization transaction, in partnership with Blackstone, one of the world’s leading investment firms. Blackstone is...
    Client Type: Private Company