×
71 609
Fashion Jobs
MACY'S
Manager, Omni Operations
Permanent · Skokie
MACY'S
Director, External Communications – Product And Brand
Permanent · New York
MACY'S
Credit Finance Analyst ii
Permanent · Deerfield Township
MACY'S
Manager, Merchandise Execution
Permanent · Florence
MACY'S
Asset Protection Captain, Clackamas Town Center - Full Time
Permanent · Happy Valley
MACY'S
Multi-Store Detective, Tacoma - Full Time
Permanent · Tacoma
MICHAEL KORS
Part Time Sales Supervisor, Memorial City Mall
Permanent · Houston
MICHAEL KORS
Sales Supervisor, Sugar Land, tx
Permanent · Houston
MICHAEL KORS
Sales Supervisor The Woodlands Mall
Permanent · Houston
JCREW
Junior Account Executive
Permanent · New York
JCREW
Senior Counsel, Intellectual Property & Product Compliance
Permanent · New York
JCREW
Brand Marketing Director, mw Men's
Permanent · New York
JCREW
Product Manager
Permanent · New York
JCREW
Distribution Supervisor
Permanent · Lynchburg
MARSHALLS
Loss Prevention Detective
Permanent · Charlotte
MARSHALLS
Loss Prevention Detective
Permanent · Bloomfield
MARSHALLS
Loss Prevention Detective
Permanent · Charlotte
MARC JACOB'S
Business Analyst, Supply Chain
Permanent · New York
MARC JACOB'S
Director, Business Applications
Permanent · New York
BLOOMINGDALE'S
Asset Protection Outlet Associate, Part Time - Outlets at Orange
Permanent · Orange
BLOOMINGDALE'S
Outlet Keyholder Selling, Full Time - Riverhead
Permanent · Riverhead
MACY'S
Asset Protection Detective, Temecula Promenade - Part Time
Permanent · Temecula
Published
Jun 30, 2015
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Boot Barn completes acquisition of Sheplers, Inc.

Published
Jun 30, 2015

This Monday, Boot Barn Holdings, Inc. completed its acquisition of Sheplers, Inc. The company announced that it had begun the acquisition at the beginning of June.


Boot Barn


The acquisition is expected to grow Boot Barn’s e-commerce penetration by 11% and bring $6 million to $8 million to Boot Barn excluding an estimated one-time transaction and integration costs of $14 million, which will be completed by the end of calendar year 2016.
 
Jim Conroy, Chief Executive Officer of Boot Barn, said, “We are extremely pleased to have closed on our acquisition of Sheplers and appreciate the hard work of the Boot Barn and Sheplers’ teams for their efforts in completing this transaction in a timely manner. The acquisition of Sheplers is a significant step forward in our omni-channel strategy. This acquisition provides us with opportunities to create a dual-brand online offering, leverage Sheplers’ domestic and international customer traffic, and generate operating efficiencies across the combined online businesses.

Boot Barn financed the acquisition and refinanced $172 million of its and Sheplers’ current collective debts, which the company planned for weeks ago. Wells Fargo Bank, National Association and GCI Capital Markets LLC acted as agents for the refinancing. The purchase price for Sheplers on June 1 was $147 million in cash, which the Board of Directors of both companies agreed to. 

Boot Barn over 170 stores in 28 states, while Sheplers has 21 stores across the US but also has an online store and ships globally.

Copyright © 2022 FashionNetwork.com All rights reserved.