Deal Snapshot
GENESCO CLOSES USD 100M SALE OF LIDS SPORTS GROUP TO FANZZLIDS
Friday 08 February 2019

Tennessee, US-based speciality retailer Genesco Inc. (NYSE: GCO) has closed the sale of its Lids Sports Group for USD 100m in cash to FanzzLids Holdings, a holding company controlled and operated by affiliates of Ames Watson Capital, LLC, the company said.
Ames Watson is the owner of Fanzz, a speciality retailer of officially licensed sports apparel. Fanatics Inc., a leader in sports licensing and ecommerce, will make a minority investment in FanzzLids Holdings in connection with entering into a commercial arrangement with that holding company.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 08/02/2019
Target: Lids Sports Group
Country: USA
Deal Size: 100m (USD)
Sector: Wholesale/Retail
Type: Divestment
Financing: Cash
Status: Closed
Vendor: Genesco
Buyer: FanzzLids Holdings/ Ames Watson Capital
Comment:


Options