LOS ANGELES--(BUSINESS WIRE)--Intrepid Investment Bankers, a leading middle-market investment bank, today announced Arlington Global Financial, Ltd.’s acquisition of Big Strike, Inc., a leading designer, manufacturer and wholesaler of casual and career apparel for women. Arlington Global’s shareholders include industry leaders with decades of experience in the apparel industry. Intrepid served as exclusive financial advisor to Arlington Global Financial.
“Big Strike has evolved into a well-rounded collection of product lines sold through some of the largest retailers in the apparel industry. We’re pleased to have had the opportunity to advise this international group of investors to consummate the transaction,” said Marvin Padilla, Managing Director at Intrepid.
The Gores Group acquired Big Strike in May 2011. During the period of Gores’ ownership, the firm acquired the Cynthia Vincent and Tracy Evans brands, and launched its missy sportswear and dress division. The acquisitions and focused growth initiatives helped to expand Big Strike’s addressable market to a more diversified customer base.
Big Strike is a valued partner for major department stores, mid-tier retailers and specialty chains. Founded in 1996 with headquarters in Gardena, Calif., Big Strike’s products are marketed under the Twelfth Street by Cynthia (Cynthia Vincent), Heart Soul, Workshop, Tracy Evans, Sugar High, Soulmates, Free to Love, Halo, Star City, and First Option brands, which are sold through major retail channels.
Intrepid’s Apparel, Retail & Lifestyle Brands practice is a focused strategic advisory practice with deep investment banking experience across a broad range of subsectors, including apparel, retail, denim, footwear, action sports, and luxury goods. We specialize in assisting entrepreneurs and business owners prepare for and navigate the constantly evolving transaction landscape.
To learn more about this transaction or our practice, please contact Marvin Padilla, Managing Director, at 310-478-9000.
Intrepid Investment Bankers is a specialty investment bank that provides M&A, capital raising and strategic advisory services to middle-market companies across various industry sectors. We have a unique culture rooted in our founders’ successful 30-year history of advising entrepreneur and family-owned businesses, financial sponsors and major corporations. We believe that every company has an entrepreneurial passion that drives it and a story that defines it. We deliver unconventional results through our unique ability to tell each client’s story, and drive relentless execution through senior banker immersion in each process. We augment our international capabilities through our membership and active participation in M&A International Inc., an exclusive global alliance of select independent middle-market M&A advisory firms. Member FINRA/SIPC. Follow INTREPID