Sale of a leading supplier of equestrian equipment to a financial investor

DEAL FLASH:

Oaklins’ team in Germany has advised the managing shareholder of HKM Group on the sale of a majority stake in the company to Frankfurt-based private equity investor Finatem.

Equestrian equipment distribution is largely fragmented, with independent mom-and-pop stores dominating the market sphere across almost all geographies. However, consolidation is ongoing and has seen larger specialist retailers prosper.

Read more about the transaction, market trends, deal drivers and M&A valuation aspects.