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
View profile Get in touch
Philip S. Krieger

Philip S. Krieger

Managing Director
Atlanta, United States
Oaklins TM Capital
View profile Get in touch
Bradley S. Goldstein

Bradley S. Goldstein

Associate Director
Atlanta, United States
Oaklins TM Capital
View profile Get in touch

Related deals

DierenDokters has been acquired by VetPartners
Consumer & Retail | Healthcare

DierenDokters has been acquired by VetPartners

DierenDokters, a leading group of fourteen veterinary clinics located across the Netherlands, has been acquired by VetPartners, a UK-based group of over 650 veterinary clinics and hospitals located across Europe. By partnering with VetPartners, DierenDokters welcomes a strong new shareholder that will help further enhance DierenDokters’ clinics’ service offering and allow the clinics to continue focusing on providing the best possible animal healthcare services.

Learn more
Private shareholders have sold a minority stake in Turisthotel d.d. to Tankerska plovidba d.d.
Consumer & Retail

Private shareholders have sold a minority stake in Turisthotel d.d. to Tankerska plovidba d.d.

A group of private shareholders have sold their stake in Turisthotel d.d. to Tankerska plovidba d.d.

Learn more
Kubus Sports has raised debt to acquire Naish
Consumer & Retail

Kubus Sports has raised debt to acquire Naish

The financing was provided by Rabobank and will support Kubus Sports’ strong international growth ambitions.

Learn more