Go to deals
Consumer & Retail

Shoe Station has been acquired by Shoe Carnival

The founder of Shoe Station, Inc. has sold the company to Shoe Carnival, Inc. (NASDAQ:SCVL).

Shoe Station is one of the nation’s largest independent footwear retailers, with 21 locations in five southeastern states – Alabama, Florida, Georgia, Louisiana and Mississippi – as well as comprehensive e-commerce capabilities.

Shoe Carnival is one of the nation’s largest family footwear retailers, offering a broad assortment of dress, casual and athletic footwear for men, women and children, with emphasis on national name brands through 377 stores across 35 states. The acquisition of Shoe Station creates a complementary, combined retail platform to serve a broader customer base across both urban and suburban demographics.

One of Oaklins’ teams in the USA served as the exclusive financial advisor to Shoe Station, Inc. in connection with its sale to Shoe Carnival, Inc.

Service
M&A sell-side
Parties
“The team took on the role of our financial advisor after we interviewed numerous firms. Their experience and expertise from start to finish ended in a partnership with an organization that honors the legacy of my father, our company’s founder. They recognized the unique dynamic of a family-owned business and focused on a result that provided not only return to shareholders, but also an understanding that the name Shoe Station was a regional resource which could continue to be developed for generations to come. We appreciate their time, effort and energy spent on achieving the best outcome for our entire Shoe Station family.”

G. Brent Barkin

Chief Executive Officer, Shoe Station, Inc.

Talk to the deal team

 James S. Grien

James S. Grien

Managing Director
Atlanta, United States
Oaklins TM Capital
 Philip S. Krieger

Philip S. Krieger

Managing Director
Atlanta, United States
Oaklins TM Capital
 Bradley S. Goldstein

Bradley S. Goldstein

Associate
Atlanta, United States
Oaklins TM Capital

Related deals

CAPSA has been acquired by Acrotec SA
Private Equity | Consumer & Retail

CAPSA has been acquired by Acrotec SA

The private owners of CAPSA – Camille Piquerez SA (CAPSA) have sold the company to Acrotec SA, a portfolio company of Carlyle Group.

Learn more
Lonia has been acquired by Studenac
Private Equity | Consumer & Retail

Lonia has been acquired by Studenac

The private shareholder of Lonia has sold the company to Studenac.

Learn more
The management of Nexxpro has successfully invested in the company alongside ActiveCap PE
Private Equity | Consumer & Retail

The management of Nexxpro has successfully invested in the company alongside ActiveCap PE

The management team of Nexxpro, backed by the private equity firm ActiveCap, has acquired the participation held by Haitong Global Asset Management.

Learn more