Consortium Brand Partners acquires Outdoor Voices following strategic business realignment
Jul 10, 2024•about 1 year ago
Acquiring Company
Consortium Brand Partners
Acquired Company
Outdoor Voices Inc
Description
Tiger Group's Advisory Services division has facilitated the sale of athleisure lifestyle brand Outdoor Voices to consumer-focused investment manager Consortium Brand Partners. Following a period of financial distress, Tiger Group provided strategic advice and managed the sale process, resulting in the acquisition by Consortium Brand Partners. With a focus on preserving and amplifying the core pillars of Outdoor Voices, Consortium Brand Partners is committed to a growth strategy and global expansion plan.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed