AURELIUS Equity Opportunities : acquires Footasylum from JD Sports

Luxembourg/Munich, August 1, 2022 – AURELIUS announces the acquisition of Footasylum, a single of the top stores of style streetwear and sportswear in the Uk, from JD Athletics Style Plc (JD Athletics), in a transaction with an enterprise price of roughly EUR 45m (£ 37,5m). In FY22A, the organization is predicted to produce whole revenues of more than EUR 340m (£ 287m) with an interesting EBITDA margin. Footasylum has been owned by JD Sporting activities considering that 2019.

The transaction will be concluded by AURELIUS’ mid-market co-expense structure comprising AURELIUS European Opportunities IV Fund and AURELIUS Fairness Opportunities SE & Co. KGaA. The transaction is anticipated to be completed in August 2022.

Footasylum is an omni-channel retailer of trend streetwear and sportswear with 63 shops in the United kingdom, with a ‘hyper-local’ tactic – in search of to serve the regional neighborhood. The enterprise was launched in 2005 and is headquartered in Rochdale, British isles. Footasylum comprises 7 websites (group and very own brand web sites) and warehouse amenities. Nowadays, the organization sells a combine of footwear, apparel and components by outlets, web sites, and a wholesale channel. Well acknowledged vital 3rd social gathering models incorporate Nike, adidas, TheNorthFace and NB.

“Footasylum has lengthy been a staple of the United kingdom substantial road and go-to store for buyers searching for large-finish branded sportswear. As a standalone company, Footasylum has the possible to grow to be an ground breaking retailer of sportswear and we are keen to unlock the company’s comprehensive likely. We feel that AURELIUS is ideally positioned to support Footasylum’s transformation, which will be backed by our considerable operational expertise within the retail, digital and wholesale channels”, states Dr. Dirk Markus, Founding Lover of AURELIUS.

“Footasylum is a powerful and reliable manufacturer in the United kingdom and we are extremely excited to start off this journey with a highly effective enterprise. In the course of the acquisition system, we have been amazed by Footasylum’s ‘hyper local’ solution which seeks to serve the community local community. We look forward to working with the company to harness its on the internet offering and emulate its higher avenue accomplishment”, commented Tristan Nagler, Husband or wife at AURELIUS.

AURELIUS will do the job with Footasylum’s management staff to enrich digitalisation, even though also continuing to build on its well known significant road existence. There will be more prospects for Footasylum to pursue through the even further development of its have brand name offerings, leveraging the company´s powerful brand recognition. These initiatives are anticipated to enhance profitability and make Footasylum the UK’s favourite spot for trend streetwear and sportswear.

AURELIUS was suggested on the transaction by Lincoln Intercontinental (Company Finance & Credit card debt Advisory), OC&C (Professional), Baker & Mackenzie DLA Piper (Authorized), EY (Tax).