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Consortium Brand Partners acquires activewear brand Outdoor Voices following store closures

Jun 03, 2024about 1 year ago

Acquiring Company

Consortium Brand Partners

Acquired Company

Outdoor Voices Inc

AustinOther

Description

Consortium Brand Partners has completed the acquisition of activewear brand Outdoor Voices, known for its community-based approach to fitness. After the closure of all its retail stores and transition to online sales, Outdoor Voices will continue its operations under the new ownership, with a focus on product, community engagement, and growth strategy.

Company Information

Company

Consortium Brand Partners

About

Consortium Brand Partners is a private equity firm with a focus on strategic acquisitions in various industries. Led by Managing Partner Cory Baker and veterans of holding company Marquee Brands, it is committed to fostering growth and expansion for the companies it acquires.

M&A Insights

Based on deal data
Integration 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