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Investor Group, Including Golden Gate Capital, Completes Acquisition of Collective Brands

Posted on: October 9, 2012 by Connie LoizosNo Comments »

Wolverine Worldwide, a publicly traded marketing and licensing company, and the private equity firms Golden Gate Capital and Blum Capital Partners, have completed their acquisition of the brand development and licensing company Collective Brands for $21.75 per share in cash, or a total of approximately $2.0 billion, including the assumption of debt.

Collective Brands To Be Broken Up in $2 Bln Sale

Posted on: May 1, 2012 by Luisa BeltranNo Comments »

A consortium comprised of Wolverine Worldwide, Blum Capital Partners and Golden Gate Capital agreed Tuesday to buy Collective Brands for $21.75 a share, or about $2 billion, including debt. Wolverine Worldwide is buying Collective Brands’ Performance + Lifestyle Group, while Blum Capital and Golden Gate will jointly acquire the operations of Payless ShoeSource and Collective [...]